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$LAB /USDT 4-hour RSI is only 38—who’s secretly accumulating?
$LAB /USDT - Go LONG
Trading plan:
Entry: 0.21573 – 0.22661
SL: 0.15325
TP1: 0.27211
TP2: 0.30607
TP3: 0.35700
Why pay attention to this structure?
- Current price is 0.22117, hugging EMA support; RSI (15m) drops to 38—clear oversold signal.
- The 1D trend is still ranging, but the 4-hour bullish structure hasn’t been broken; 77% confidence points to LONG.
- Stop loss is 0.15325, and the risk-reward ratio is reasonable; TP1 at 0.27211 has over 23% upside.
- Why now? A rebound from low RSI often comes with a fast push up; missing the entry point costs more.
Discussion:
Will this move hit TP2 at 0.306 first, or is it a fake breakout to lure longs?