【$LAB Signal】Pullback to buy, 1H breakout confirmed

$LAB 1H breakout with volume above 0.312 resistance, current price at 0.3214 close to the upper Bollinger band. 4H MACD histogram is still expanding, but 1H RSI has surged to 86.5, indicating short-term overbought conditions. Sell orders are stacking above 0.3211, making chasing high risk-reward unfavorable.

🎯Direction: Long (buy on pullback)

⚡Entry/Order: 0.2883 - 0.2957

🛑Stop Loss: 0.2716

🚀Target 1: 0.3922

🚀Target 2: 0.4404

🛡️Trade Management:
- Execution Strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect capital.

The 4H timeframe has broken above all EMA lines, indicating a shift to a strong trend. Position size remains stable, funding rate at 0.037% is healthy, with no signs of extreme short squeezes. The 1H timeframe needs a healthy pullback to digest overbought conditions; the area around 0.295, which was a previous breakout level and also the 1H EMA20, will have strong support. Under this structure, the risk-reward ratio exceeds 4, making it a good opportunity to position.

Check real-time market 👇 $LAB
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