$LAB accumulation confirmation: this is a small-cap coin that BTC can’t move, so we should focus more on its own structure. On the daily chart, price is below EMA50 and EMA200, and the bearish alignment remains unchanged. The 4-hour and 1-hour charts show the same resistance. When multiple timeframes are moving down in sync like this, a rebound is usually just a breather, not a sign of a reversal.
The 15-minute RSI is weak, and the latest bearish candle shows sellers are still active. If price cannot reclaim the key level above, a further decline becomes more likely. The only thing to watch is that buyers may step in near the bottom of the range. Until the structure turns, I lean toward a pullback.
🔴 Trade direction: Short
📍 Entry range: 0.0495280 – 0.0496707
🛑 Stop loss: 0.0509260
🎯 Take profit 1: 0.0486044
🎯 Take profit 2: 0.0479411
🎯 Take profit 3: 0.0469461
Still waters run deep, and foresight reaches far; through the market’s ups and downs, stay composed.
Join Sister Fei and read the tides of wealth.
#LAB
Click below to trade 👇
The 15-minute RSI is weak, and the latest bearish candle shows sellers are still active. If price cannot reclaim the key level above, a further decline becomes more likely. The only thing to watch is that buyers may step in near the bottom of the range. Until the structure turns, I lean toward a pullback.
🔴 Trade direction: Short
📍 Entry range: 0.0495280 – 0.0496707
🛑 Stop loss: 0.0509260
🎯 Take profit 1: 0.0486044
🎯 Take profit 2: 0.0479411
🎯 Take profit 3: 0.0469461
Still waters run deep, and foresight reaches far; through the market’s ups and downs, stay composed.
Join Sister Fei and read the tides of wealth.
#LAB
Click below to trade 👇