$LAB Short position deeply trapped at 5.8 points? Don’t panic! A trick called “fake fall” teaches you how to escape!

There is a saying in the crypto world: “Not afraid of the trend being wrong, just afraid of stubbornly holding the position.” Brothers shorting around 11 USD, do you now feel like the sky is falling? The current price is 16.8, nearly 6 points trapped, unwilling to cut losses, what to do?

Bai Yue today opens her heart to say a few words. First, the 1-hour chart has already lit up the “overbought” red light, this wave of short squeeze has gone a bit too far, the bulls are now at the end of their strength. Second, look at the whale holdings, the long-short ratio skyrocketed to 275%, all gamblers are celebrating wildly, the main force is ready to harvest at any time.

Unwinding strategy:
Don’t stubbornly hold! The current market is just “诱多” (诱导多头). Be patient and wait for the 1-hour level pullback, as long as the price dips below the moving average support, immediately do a T to reduce costs, or set a breakeven stop-loss and reverse to open a long. Remember, real huge profits are often hidden after stubbornly holding against the trend! Want to know where Bai Yue’s “life line” is drawn? Comment “LAB” below.