LAB/USDT (1H) Trade Plan.
$LAB
BitcoinHoldsNear$65400AsMagSevenLose$797B
Current Price: 0.1549 USDT
Market Structure
LAB recently rallied from 0.1428 to 0.1670, then entered a consolidation phase.
The latest candle is a strong bearish candle, testing the MA30 (0.1534), which is acting as immediate support.
Short-term momentum has weakened, but the overall 1H structure remains neutral-to-bullish as long as 0.1530 holds.
Technical Outlook
Support: 0.1530–0.1540
Major Support: 0.1490
Resistance: 0.1600–0.1620
Major Resistance: 0.1670
MACD momentum is fading and the KDJ indicator is pointing lower, suggesting sellers have the short-term advantage. A confirmation candle is needed before entering.
Bullish Trade
Entry: 0.1535–0.1555 (after a bullish reversal candle)
Targets:
TP1: 0.1600
TP2: 0.1635
TP3: 0.1670
Stop Loss: 0.1490
Bearish Trade
If the price closes below 0.1530 on the 1H chart:
Entry: 0.1525–0.1530
Targets:
TP1: 0.1490
TP2: 0.1460
TP3: 0.1430
Stop Loss: 0.1568
$LAB
BitcoinHoldsNear$65400AsMagSevenLose$797B
Current Price: 0.1549 USDT
Market Structure
LAB recently rallied from 0.1428 to 0.1670, then entered a consolidation phase.
The latest candle is a strong bearish candle, testing the MA30 (0.1534), which is acting as immediate support.
Short-term momentum has weakened, but the overall 1H structure remains neutral-to-bullish as long as 0.1530 holds.
Technical Outlook
Support: 0.1530–0.1540
Major Support: 0.1490
Resistance: 0.1600–0.1620
Major Resistance: 0.1670
MACD momentum is fading and the KDJ indicator is pointing lower, suggesting sellers have the short-term advantage. A confirmation candle is needed before entering.
Bullish Trade
Entry: 0.1535–0.1555 (after a bullish reversal candle)
Targets:
TP1: 0.1600
TP2: 0.1635
TP3: 0.1670
Stop Loss: 0.1490
Bearish Trade
If the price closes below 0.1530 on the 1H chart:
Entry: 0.1525–0.1530
Targets:
TP1: 0.1490
TP2: 0.1460
TP3: 0.1430
Stop Loss: 0.1568