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$LAB /USDT 4-hour setup — fake breakout or real breakout?
$LAB /USDT - LONG
Trading Plan:
Entry: 1.11638 – 1.20790
SL: 0.59111
TP1: 1.59041
TP2: 1.87593
TP3: 2.30420
Why this structure?
- 4H long/short signal at 77.4, direction clearly LONG, current price at EMA support zone.
- 1D sideways consolidation, RSI 15-min at 52.44, not overbought, suitable for accumulation.
- Reference entry at 1.16214, TP1=1.59041, TP2=1.87593, SL=0.59111, excellent risk-reward ratio.
- Why now? RSI neutral after consolidation, 4H building momentum, breakout above 1.20790 confirms trend.
Discussion:
Do you bet it hits TP2 first, or a fake pump and retrace to 1.11638?