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LAB has hidden reversal signals on the 4-hour timeframe—are you brave enough to follow it?
$LAB /USDT - Go LONG
Trading plan:
Entry: 1.14554 – 1.21532
SL: 0.74506
TP1: 1.50696
TP2: 1.72464
TP3: 2.05117
Why pay attention to this structure?
- Current price is 1.18043. RSI on the 15-minute chart is 51.39; it’s not overbought, with room to move upward.
- LONG on the 4-hour direction, confidence 77.4%. TP1 1.50696, TP2 1.72464, with a reward-to-risk ratio over 2x.
- 1D trend is ranging. A breakout or acceleration is possible. Entering now is a good chance to buy the dip.
Discussion:
Do you think this move will reach TP2 first, or is it a fake breakout to lure longs?