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$LAB /USDT is brewing a rare 4-hour reversal signal
$LAB /USDT - LONG (going long)
Trade Plan:
Entry: 0.79932 – 0.98132
SL: 0.00000
TP1: 1.74208
TP2: 2.30993
TP3: 3.16169
Why focus on this structure?
- Current price is 0.89032, and the 15-minute RSI is only 30.73—close to the oversold zone, with bearish momentum exhausted.
- The daily chart is in a range, but the 4-hour EMA shows a clear bullish direction, and ATR is as high as 0.364, leaving plenty of room for volatility.
- Why now? RSI bouncing from low levels often comes with a fast rally, and the TP1 target at 1.74208 offers nearly 95% potential upside.
Discussion:
Do you think LAB will first test the bottom support at 0.79932, or directly break through the resistance zone at 0.98132?