LAB/USDT 4-hour RSI is only 26— is this a dip-buying signal or a trap?



$LAB /USDT - Go LONG

Trading plan:
Entry: 0.45387 – 0.48641
SL: 0.26710
TP1: 0.62242
TP2: 0.72394
TP3: 0.87623

Why focus on this setup?
- The 15-minute RSI has already fallen to 26.27, severely oversold, with short-term rebound momentum building up.
- The 4-hour trend is bullish; the current price of 0.47014 is near the lower bound of the entry zone (0.45387), with an excellent risk-reward ratio.
- TP1 target is 0.62242 (+32%), while SL is only 0.26710 (-43%); the risk-reward ratio is close to 1:1.5—waiting for the trigger.

Discussion:
Will this LONG hit TP1 first, or will it straight through the SL?
LAB-44.43%
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