$LAB /USDT shows weird signals on the 4-hour timeframe—are the shorts laying in a trap?



$LAB /USDT - SHORT

Trading plan:
Entry: 0.22963 – 0.23999
SL: 0.28450
TP1: 0.19754
TP2: 0.17270
TP3: 0.13544

Why focus on this setup?
- Current price 0.23481 is below the 1-hour EMA key level 0.23471, with bearish momentum building.
- RSI on the 15-minute chart is only 56.82, not overbought, but the 4-hour trend is bearish—any short-term rebound may just be a bull trap.
- SL is 0.28450, TP1 is 0.19754; the risk-reward ratio is over 2x. The timing to enter is right now.

Discussion:
Will this move first wick into TP1, or will it break down through 0.22963 and accelerate the selloff?
LAB-5.49%
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