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[$LAB Signal] Long Squeeze + 1H Strong Breakout
$LAB 1H MACD histogram 0.2762 continues to expand, with buying continuously pushing the price near the upper Bollinger Band. 4H RSI at 63.55 is not overbought, and volume is increasing simultaneously. The funding rate at -2.0% is extremely negative, with significant short-side pressure but the price remains firm, making the squeeze conditions ripe. Depth data shows that although sell-side orders are thick, they are being quickly absorbed, with aggressive buying taking the advantage.
🎯Direction: Long
⚡Entry/Limit Order: 17.85727 - 17.91100
🛑Stop Loss: 17.73189
🚀Target 1: 18.17967
🚀Target 2: 18.31400
🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss to breakeven. If the price falls back to the entry, exit automatically to protect capital.
Current risk-reward ratio is approximately 1:1.5. The price has already broken away from the short-term moving average cluster, limiting the extent of a pullback. If it breaks above the upper Bollinger Band at 18.25, Target 2 will be quickly reached.
View real-time quotes 👇 $LAB
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