$LAB /USDT โ Short Signal ๐
Entry: 0.0520 โ 0.0535
Stop Loss: 0.0565
TP1: 0.0500
TP2: 0.0470
TP3: 0.0440
Trade here
$LAB Analysis:
Price is up strongly today and trading near the upper part of the 24h range.
24h high: 0.05639, giving a clear resistance area.
Recent derivatives data shows positive funding, while OI has slightly declined โ suggesting some position unwinding.
0.0500 is the key near-term support; a clean break can open the way toward TP2/TP3.
Avoid chasing if price breaks and holds above 0.0565.
Confirmation: Clean rejection from 0.0540โ0.0560 or breakdown below 0.0500.
โ ๏ธ Use risk management; perp volatility can be high. Binance has also updated LABUSDT's futures tick size, so verify the current contract details before placing an order.
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