🚀 $LAB / USDT (Perpetual) – Strong Bullish Momentum & Reversal!
The 15-minute chart for $LAB is signaling a powerful bullish revival following a liquidity sweep at the 0.04605 local low. Strong buying volume has stepped in, executing a sharp V-shaped recovery and confirming a bullish trend flip.
Key Technical Signals
Price Action: Trading firmly at 0.05025 (+1.95%), recovering smoothly from the session lows.
Moving Averages: Price is holding support well above the short-term moving averages (MA 7 at 0.05006 and MA 25 at 0.04977).
Supertrend Indicator: Flipped green with solid baseline support formed at 0.04891.
MACD & Momentum: Momentum indicators are expanding into positive territory above the zero line, confirming active buyer strength.
Trade Parameters
Entry Zone: $0.04980 – $0.05025
Target 1 (TP1): $0.05150 (24h High retest)
Target 2 (TP2): $0.05280
Target 3 (TP3): $0.05500
Stop Loss (SL): $0.04880 (Below Supertrend support)
As long as buyers defend the $0.04930 region, structure remains heavily skewed to the upside. Manage risk according to your strategy.
#Binance #LABUSDT #cryptotrading #TechnicalAnalysis #altcoins
The 15-minute chart for $LAB is signaling a powerful bullish revival following a liquidity sweep at the 0.04605 local low. Strong buying volume has stepped in, executing a sharp V-shaped recovery and confirming a bullish trend flip.
Key Technical Signals
Price Action: Trading firmly at 0.05025 (+1.95%), recovering smoothly from the session lows.
Moving Averages: Price is holding support well above the short-term moving averages (MA 7 at 0.05006 and MA 25 at 0.04977).
Supertrend Indicator: Flipped green with solid baseline support formed at 0.04891.
MACD & Momentum: Momentum indicators are expanding into positive territory above the zero line, confirming active buyer strength.
Trade Parameters
Entry Zone: $0.04980 – $0.05025
Target 1 (TP1): $0.05150 (24h High retest)
Target 2 (TP2): $0.05280
Target 3 (TP3): $0.05500
Stop Loss (SL): $0.04880 (Below Supertrend support)
As long as buyers defend the $0.04930 region, structure remains heavily skewed to the upside. Manage risk according to your strategy.
#Binance #LABUSDT #cryptotrading #TechnicalAnalysis #altcoins
