Most traders see a 66 RSI dip and call it a bounce. I see a bull trap forming at 0.1143.
$LAB /USDT - SHORT
Trade Plan:
Entry: 0.1141024 – 0.1144976
SL: 0.1197465
TP1: 0.1102151
TP2: 0.1074918
TP3: 0.1034069
Why this setup?
- The 4H setup is screaming lower, with TP1 at 0.1102 and TP3 at 0.1034—that’s a 9% drop from here.
- The daily trend is bearish, and the 1H ATR (0.0017) is too tight to fuel a real recovery.
- The 15m RSI at 66 is the last gasp before the knife drops; the edge score (8.0) is heavily skewed to shorts.
- Why now? Price is stalling right at the entry zone, and the inverse setup (long) has invalidation at 0.1298—a level we haven’t even sniffed.
Debate:
Are you fading this RSI spike into the close, or waiting for a break below 0.1140 to join the short?
Click here to Trade 👇️
$LAB /USDT - SHORT
Trade Plan:
Entry: 0.1141024 – 0.1144976
SL: 0.1197465
TP1: 0.1102151
TP2: 0.1074918
TP3: 0.1034069
Why this setup?
- The 4H setup is screaming lower, with TP1 at 0.1102 and TP3 at 0.1034—that’s a 9% drop from here.
- The daily trend is bearish, and the 1H ATR (0.0017) is too tight to fuel a real recovery.
- The 15m RSI at 66 is the last gasp before the knife drops; the edge score (8.0) is heavily skewed to shorts.
- Why now? Price is stalling right at the entry zone, and the inverse setup (long) has invalidation at 0.1298—a level we haven’t even sniffed.
Debate:
Are you fading this RSI spike into the close, or waiting for a break below 0.1140 to join the short?
Click here to Trade 👇️