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$LAB /USDT 4-hour covert position—how many multiples can this LONG make?
$LAB /USDT - Go long LONG
Trading plan:
Entry: 1.20354 – 1.28034
SL: 0.76275
TP1: 1.60133
TP2: 1.84093
TP3: 2.20032
Why focus on this structure?
- The 4-hour LONG signal is activated, entry reference is 1.24194, stop loss is 0.76275
- RSI on the 15-minute chart is 66.97—it's not overbought, and there’s still momentum
- Targets: TP1=1.60133, TP2=1.84093, with an enticing risk-reward ratio
- Why now? The 1D trend is ranging, and the probability of a 4-hour breakout is higher
Discussion:
Are you taking profit at TP1, or holding firm to TP2?