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$LAB /USDT 4-hour level signal appears, but don't rush to go long.
$LAB /USDT - LONG
Trading Plan:
Entry: 3.05736 – 3.63718
SL: 0.00000
TP1: 6.06084
TP2: 7.86989
TP3: 10.58346
Why pay attention to this structure?
- Current price $3.34727, 15-minute RSI at only 40.62, indicating short-term oversold bounce demand.
- 4-hour level LONG signal (77% confidence), but the daily trend remains in a consolidation range, not a breakout.
- Key entry range: $3.057–$3.637, TP1 at $6.06, risk-reward ratio over 2.5x.
- Why now? Low RSI + range bottom support, ideal timing for accumulation.
Discussion:
Will this first retrace to 3.05 and then launch, or go straight up? What do you think?