The BR strategy I shared earlier already hit its profit target in the previous round. When the window and reversal signals appear together, the chart for $LAB is worth taking a closer look at. Both the daily and four-hour charts are now aligned bearishly, with the price below the moving averages, so the overall trend is clearly downward. There is some buying pressure in the short term, but it’s weak and looks more like it’s giving bears a better entry.
My view is that as long as the rebound can’t break through the moving-average resistance above, the structure remains bearish. Opening short positions on rallies is more measured than chasing the price down. Keep a close eye on volume during the rebound—a slowdown in volume accompanied by stalled gains is the signal.
🔴 Trade direction: Short
📍 Entry range: 0.0499480 – 0.0503747
🛑 Stop loss: 0.0543221
🎯 Take profit 1: 0.0470408
🎯 Take profit 2: 0.0449604
🎯 Take profit 3: 0.0418397
There’s no need to chase the wind; it will settle in on its own.
Stand alongside Sister Li, and let every moment leave an echo.
#LAB
Click below to trade 👇
My view is that as long as the rebound can’t break through the moving-average resistance above, the structure remains bearish. Opening short positions on rallies is more measured than chasing the price down. Keep a close eye on volume during the rebound—a slowdown in volume accompanied by stalled gains is the signal.
🔴 Trade direction: Short
📍 Entry range: 0.0499480 – 0.0503747
🛑 Stop loss: 0.0543221
🎯 Take profit 1: 0.0470408
🎯 Take profit 2: 0.0449604
🎯 Take profit 3: 0.0418397
There’s no need to chase the wind; it will settle in on its own.
Stand alongside Sister Li, and let every moment leave an echo.
#LAB
Click below to trade 👇