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Most traders will fade this $LAB /USDT breakout—here’s why they’re wrong.
$LAB /USDT - LONG
Trade Plan:
Entry: 13.95355 – 14.56781
SL: 11.31222
TP1: 16.47203
TP2: 17.94626
TP3: 20.15760
Why this setup?
- 4h MTF shows a 95% confidence long signal with bullish daily trend.
- RSI on 15m is 81.4 (overbought), but ATR on 1h is high (1.2285)—momentum is still accelerating.
- Entry zone at 14.26 with tight SL at 11.31 offers a 3:1 risk-to-reward to TP2 (17.95).
- Why now? The 1D trend is bullish, and price is coiling near the entry ref—breakout is imminent.
Debate:
Are you buying the dip at 13.95 or waiting for a break above 14.57?