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【$LAB Signal】1H Break above Bollinger upper band + MACD bullish divergence, targeting long positions
$LAB 1H Bollinger upper band at 15.16 was broken through by the candle body, MACD histogram has three consecutive enlargements, bullish momentum remains strong. 4H RSI at 60.27, room for further rise. Deep imbalance -46.54% but no effective counterattack from the bears, negative funding rate at -0.0393% suppresses the bears, short squeeze conditions are emerging.
🎯Direction: long
⚡Entry/Order: 15.26307 - 15.30900
🛑Stop loss: 14.54355
🚀Target 1: 16.45717
🚀Target 2: 17.03126
🛡️Trade management: Reduce position by 50% after reaching Target 1, and move stop loss to breakeven. If price falls back into the entry zone, automatically exit to protect capital.
Current risk-reward ratio is 1.5, resistance near 16.4, suitable for quick in and out. View real-time market 👇 $LAB
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