$LAB Facing Resistance After the Sharp Bounce
Short $LAB
Entry: 0.0650 – 0.0750
SL: 0.0950
TP1: 0.0600
TP2: 0.0550
TP3: 0.0500
TP4: 0.0400
Why:
LAB just made a massive recovery from 0.03500, but price is now approaching the 0.0697–0.0700 resistance zone, where the MA(99) is also sitting. The bounce came with huge volume, so chasing the move here looks risky. MACD is recovering from deeply negative levels, but the broader 4H structure is still weak.
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#Altcoin Season# #Macro Insights#
Short $LAB
Entry: 0.0650 – 0.0750
SL: 0.0950
TP1: 0.0600
TP2: 0.0550
TP3: 0.0500
TP4: 0.0400
Why:
LAB just made a massive recovery from 0.03500, but price is now approaching the 0.0697–0.0700 resistance zone, where the MA(99) is also sitting. The bounce came with huge volume, so chasing the move here looks risky. MACD is recovering from deeply negative levels, but the broader 4H structure is still weak.
📩 DM me on X to know how to join my premium group and together win every trade.
#Altcoin Season# #Macro Insights#
