$LAB This LAB short setup further validated a logic: a rebound in a weak market doesn’t necessarily mean a reversal.

Previously, the price kept breaking down through key support. After being around 1.26 near the highs, it continued to sell off. On the 4-hour timeframe, it maintained a downtrend the whole time, and the rebound strength stayed limited.

So at around 0.77, the short position was chosen to be built based on the expectation of trend continuation. As long as the trend hasn’t changed, don’t easily go against the market.

The current price is already around 0.23, with profits reaching +1374%.
Brothers who haven’t joined the big main camp yet, don’t rush either $BTC $ETH