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$LAB /USDT 4-hour timeframe short signal has been triggered—are you daring enough to follow it?
$LAB /USDT - SHORT
Trading plan:
Entry: 0.20710 – 0.21492
SL: 0.24855
TP1: 0.18285
TP2: 0.16408
TP3: 0.13593
Why focus on this setup?
- RSI on the 15-minute chart is only 46.16, not yet oversold—there’s still room for downside.
- 4-hour EMA suppression is clearly, the trend is bearish; the first target TP1 is 0.18285.
- Current entry price is 0.21101; risk-reward ratio is above 1:2, with a stop-loss set at 0.24855 for protection.
Discussion:
Will this short hit TP2 at 0.16408 first, or will it rebound to lure longs before dropping again?