$LAB /USDT 4-hour RSI drops below 20 — is the bottom-fishing signal or a trap?



$LAB /USDT - Go LONG

Trading plan:
Entry: 0.21629 – 0.23433
SL: 0.11275
TP1: 0.30973
TP2: 0.36601
TP3: 0.45043

Why focus on this structure?
- 15-minute RSI is only 19.12, extremely oversold, building rebound momentum in the short term.
- 4-hour LONG signal confirmed, confidence 77%. Entry reference price 0.22531, TP1 target 0.30973 (+37%).
- The 1-day trend is ranging; it’s currently near the bottom of the range, with an ideal risk-reward ratio (TP1/SL about 2.7x).

Discussion:
Does this move first push to TP1 then pull back, or does it directly V-reverse to TP2? Where are you setting your stop loss?
LAB-18.13%
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