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$LAB /USDT This 4-hour LONG signal, dare you follow it?
LAB_USDT - Long LONG
Trading Plan:
Entry: 5.59790 – 6.23516
SL: 1.93997
TP1: 8.89895
TP2: 10.88723
TP3: 13.86965
Why focus on this structure?
- Current price 5.92, 4-hour RSI 49.56, neutral bullish, not chasing highs nor selling into dips.
- 1D trend is a consolidation range, but the 4h level LONG signal has appeared, TP1 target 8.90, risk-reward ratio nearly 3 times.
- Why now? RSI not overheated, EMA support valid, waiting for breakout of key level 6.23 for confirmation.
Discussion:
Will this wave reach TP2 10.88 first, or will it retrace and lure longs then dump?