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$LAB /USDT 4-hour timeframe fresh buy point—does RSI hitting 27 suggest a reversal?
$LAB /USDT - Go LONG
Trading plan:
Entry: 0.72205 – 0.77039
SL: 0.44456
TP1: 0.97247
TP2: 1.12330
TP3: 1.34955
Why focus on this structure?
- The 15-minute RSI only hit 27.08, entering the oversold zone, with short-term rebound momentum building.
- The 4-hour EMA support is 0.74622; the LONG signal is clear, and TP1 targets 0.97247 (+30% upside).
- Within the daily trading range, this is the right time for buy-the-dip/sell-the-rip.
Discussion:
For this LONG move to TP2 at 1.12330, should it first pull back to 0.72205 before going up?