🚀 $LAB / USDT (Perpetual) – Bullish Reversal & Continuation Setup!
The 15m chart shows a clean V-shaped recovery following a sweep of the 24h low at 0.04605. Buyers stepped in strong, flipping the short-term structure back into a bullish sequence with a green Supertrend confirmation.
Technical Breakdown
* Current Price: 0.05025 (+1.95%)
* 24h High / Low: 0.05150 / 0.04605
* Moving Averages: Price is holding firmly above MA(7) [0.05006] and MA(25) [0.04977], maintaining strong upward momentum.
* Supertrend: Flipped bullish with strong support established around 0.04891.
* MACD: Crossing back above the zero line with green histogram expansion, signaling fresh buying pressure.
Trade Parameters
* Entry Zone: $0.04980 – $0.05025
* Target 1 (TP1): $0.05150
* Target 2 (TP2): $0.05280
* Target 3 (TP3): $0.05500
* Stop Loss (SL): $0.04880
As long as price stays anchored above the $0.04930 support zone, the path of least resistance remains upward toward reclaiming $0.05150+. Always practice proper risk management and monitor volume closely.
#Binance #LABUSDT #CryptoTrading #bullish #TechnicalAnalysis #PerpetualFutures #altcoins #CryptoAnalysis
The 15m chart shows a clean V-shaped recovery following a sweep of the 24h low at 0.04605. Buyers stepped in strong, flipping the short-term structure back into a bullish sequence with a green Supertrend confirmation.
Technical Breakdown
* Current Price: 0.05025 (+1.95%)
* 24h High / Low: 0.05150 / 0.04605
* Moving Averages: Price is holding firmly above MA(7) [0.05006] and MA(25) [0.04977], maintaining strong upward momentum.
* Supertrend: Flipped bullish with strong support established around 0.04891.
* MACD: Crossing back above the zero line with green histogram expansion, signaling fresh buying pressure.
Trade Parameters
* Entry Zone: $0.04980 – $0.05025
* Target 1 (TP1): $0.05150
* Target 2 (TP2): $0.05280
* Target 3 (TP3): $0.05500
* Stop Loss (SL): $0.04880
As long as price stays anchored above the $0.04930 support zone, the path of least resistance remains upward toward reclaiming $0.05150+. Always practice proper risk management and monitor volume closely.
#Binance #LABUSDT #CryptoTrading #bullish #TechnicalAnalysis #PerpetualFutures #altcoins #CryptoAnalysis
