LAB short setup: the levels I'm watching

🔴 SHORT $LAB /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 0.0450273 – 0.0451927
TP1: 0.0436916 (-3.1%)
TP2: 0.0427460 (-5.2%)
TP3: 0.0413275 (-8.4%)
SL: 0.0470012 (+4.2%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.

Why SHORT? 3/12 signals agree, 1 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 42.8)
Risk: Stronger than BTC (+5.91% 24h vs BTC)

Why now?
The daily trend reads bearish, and 3/12 signals aligned favour the short side. The plan is to work the 0.0450273 – 0.0451927 zone, scale out at 0.0436916 and 0.0427460, and stay patient for 0.0413275. A move through 0.0470012 means the idea is wrong and the stop does its job.

Does LAB tag 0.0436916 first, or the stop?

Levels mapped on the chart below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.