$LAB /USDT’s RSI has fallen to 34.9 on the 15-minute chart—could this be a precursor to an oversold bounce?



$LAB /USDT - LONG

Trading Plan:
Entry: 3.0848 – 3.6906
SL: 0.0000
TP1: 6.2229
TP2: 8.1130
TP3: 10.9481

Why focus on this structure?
Why now?
- 4-hour level LONG signal, confidence 77.4%; the trend is range-bound, but RSI 15m has already reached 34.9—an oversold zone suggests short-term buying pressure.
- Using the reference entry price of 3.3877, the lower low at 3.0848 provides support; TP1 target 6.2229 has 83% upside.
- Wait for a breakout confirmation; the risk of a bear-trap setup is controllable.

Discussion:
Do you think this move will reach TP1 at 6.22 first, or will it dip to 3.08 before rebounding?
LAB-78.81%
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