【$LABUSDT】Don't rush to buy the dip/chase the rally, check this first

$LABUSDT During intraday regular volatility, buy-side depth is imbalanced, with an extremely thick wall of pending orders around 0.224 - this price action is pure meat grinder. At the 4-hour level, price is above the Bollinger upper band, but the MACD red column is contracting and bullish momentum is starting to weaken. The 1-hour RSI is approaching 70 with obvious signs of overbought buying. Open interest is stable but funding rate has turned positive, the risk-reward ratio for chasing highs is already imbalanced. At current price 0.2242 go short directly, set stop loss above 0.2275. First target at 0.215, reduce position by half when reached, use remaining position for breakeven hedging and gamble on 0.206. Given this depth structure, any rapid rally is just giving ammunition to short sellers.
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