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$LAB /USDT’s 4H chart is screaming “long” with 95% confidence—but RSI is already 70.25.
$LAB /USDT - LONG
Trade Plan:
Entry: 14.52103 – 15.14023
SL: 11.85847
TP1: 17.05975
TP2: 18.54583
TP3: 20.77495
Why this setup?
Why now? The 1D trend is bullish, and 4H structure is armed for a breakout. With entry at 14.83, TP1 at 17.06 and TP2 at 18.55, the risk/reward is favorable even if RSI on 15m is slightly overbought. The 1H ATR of 1.24 means volatility is high—momentum could push through resistance fast.
Debate:
Is this the final squeeze before TP2, or is a 15m RSI divergence setting up a trap for late longs?