The SNDK strategy we discussed earlier has already paid off nicely. The undercurrent is speaking: $LAB ’s move has really confirmed the bears’ consensus. Take a look: from the daily chart down to the one-hour chart, the price has stayed below the moving averages. Every small bounce looks like a test of overhead resistance, but none has managed to hold. Momentum on the four-hour chart is weak, suggesting buyers currently lack confidence.
In trading, we focus on probabilities. With multiple timeframes aligned like this, I’d favor following the trend and looking for a pullback rather than trying to call a bottom. Of course, keep an eye on the risk of a rebound—the key resistance level is our line of defense.
🔴 Trade direction: Short
📍 Entry range: 0.0438426 – 0.0439728
🛑 Stop loss: 0.0453693
🎯 Take profit 1: 0.0428115
🎯 Take profit 2: 0.0420807
🎯 Take profit 3: 0.0409845
There’s no need to chase the trend; it will come to you in time.
Stand alongside Sister Li, and let every moment resonate.
#LAB
Click below to trade 👇
In trading, we focus on probabilities. With multiple timeframes aligned like this, I’d favor following the trend and looking for a pullback rather than trying to call a bottom. Of course, keep an eye on the risk of a rebound—the key resistance level is our line of defense.
🔴 Trade direction: Short
📍 Entry range: 0.0438426 – 0.0439728
🛑 Stop loss: 0.0453693
🎯 Take profit 1: 0.0428115
🎯 Take profit 2: 0.0420807
🎯 Take profit 3: 0.0409845
There’s no need to chase the trend; it will come to you in time.
Stand alongside Sister Li, and let every moment resonate.
#LAB
Click below to trade 👇