LAB bears set up a trap; the 4-hour EMA death cross is about to be confirmed



$LAB /USDT - SHORT to short

Trading plan:
Entry: 0.18633 – 0.18971
SL: 0.20420
TP1: 0.17589
TP2: 0.16780
TP3: 0.15566

Why focus on this setup?
- Current price 0.18802: the 1-hour EMA is diverging downward; RSI on 15m is only 46.2, momentum is weak
- Daily range-bound consolidation: the 4-hour bearish signal triggers; TP1 at 0.17589
- Stop-loss at 0.20420; risk-reward 2.5:1, suitable for a light short position

Discussion:
Will this move reach TP2 at 0.16780 first, or will it fake a breakdown, then rally into a consolidation?
LAB3.58%
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