$LAB USDT] is showing a bearish retracement within a relief rally after a violent rejection from the 0.0864 high (-15% from peak).
Sellers are currently defending the 0.0776 level, while buyers are attempting to establish support at 0.0730. The structure suggests a lower high is forming unless price reclaims 0.0780 with volume; otherwise, the recent 0.0350 sweep remains vulnerable to a retest.
EP: $0.0700–$0.0730
TP1: $0.0665
TP2: $0.0550
TP3: $0.0435
SL: $0.0790
Liquidity is resting below 0.0663 (recent consolidation lows) and above 0.0790 (stop-losses of short sellers). The macro trend remains deeply bearish (-63% in 180 days), making this a counter-trend setup. Invalidation occurs if price closes a 4H candle above 0.0790, which would signal a bullish reversal and likely target the 0.0864 high. Be cautious; this is a high-risk short against a recent massive pump.
Sellers are currently defending the 0.0776 level, while buyers are attempting to establish support at 0.0730. The structure suggests a lower high is forming unless price reclaims 0.0780 with volume; otherwise, the recent 0.0350 sweep remains vulnerable to a retest.
EP: $0.0700–$0.0730
TP1: $0.0665
TP2: $0.0550
TP3: $0.0435
SL: $0.0790
Liquidity is resting below 0.0663 (recent consolidation lows) and above 0.0790 (stop-losses of short sellers). The macro trend remains deeply bearish (-63% in 180 days), making this a counter-trend setup. Invalidation occurs if price closes a 4H candle above 0.0790, which would signal a bullish reversal and likely target the 0.0864 high. Be cautious; this is a high-risk short against a recent massive pump.
