The QNT strategy I provided just now has successfully realized profits this round. The appearance of accumulation is often more captivating than a trap. The $LAB daily-line moving averages are already arranged bearishly, which says it all. Price is trading below the EMA50, with the EMA200 even farther away; each rebound has been weaker than the last. In this kind of structure, sideways consolidation is more like distribution than basing.
The one-hour RSI is around 38, and there are no signs that bearish momentum is exhausted. On the 15-minute chart, volume remains persistently weak, and the sell side still controls the rhythm. The fact that key levels are repeatedly tested but can’t hold indicates that there isn’t strong follow-through from buyers. I plan to set up a short position where rebounds lack strength. Only after a break below the prior low will the downside space truly open up. The stop-loss can be placed just above the structural high.
🔴 Trade direction: Short
📍 Entry range: 0.0581178 – 0.0582922
🛑 Stop-loss: 0.0602961
🎯 Take profit 1: 0.0566366
🎯 Take profit 2: 0.0555911
🎯 Take profit 3: 0.0540227
Don’t chase the headline rush—headlines will linger on their own.
Walk side by side with Sister Li, so that every inch of time resonates.
#LAB
Click below to trade 👇
The one-hour RSI is around 38, and there are no signs that bearish momentum is exhausted. On the 15-minute chart, volume remains persistently weak, and the sell side still controls the rhythm. The fact that key levels are repeatedly tested but can’t hold indicates that there isn’t strong follow-through from buyers. I plan to set up a short position where rebounds lack strength. Only after a break below the prior low will the downside space truly open up. The stop-loss can be placed just above the structural high.
🔴 Trade direction: Short
📍 Entry range: 0.0581178 – 0.0582922
🛑 Stop-loss: 0.0602961
🎯 Take profit 1: 0.0566366
🎯 Take profit 2: 0.0555911
🎯 Take profit 3: 0.0540227
Don’t chase the headline rush—headlines will linger on their own.
Walk side by side with Sister Li, so that every inch of time resonates.
#LAB
Click below to trade 👇