Has the daily trend turned clearly bearish for LAB?

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

Entry: 0.0448733 – 0.0451067
TP1: 0.0429081 (-4.6%)
TP2: 0.0415201 (-7.7%)
TP3: 0.0394382 (-12.3%)
SL: 0.0477659 (+6.2%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.

Why SHORT? 4/12 signals agree, 0 against.
• Daily trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 23.4)
• Sellers have the momentum (1h RSI 42.1)

The short version:
1/3 Daily trend shows price below EMA50 and EMA200, a bearish stack.
2/3 1h RSI at 42.1 shows bearish momentum with sellers in control.
3/3 A close above 0.0477659 would remove the short case.

What level would make you take the opposite side?

Chart with every level below.

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Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.