The BR strategy structure shared earlier has played out, and this round of profits has been secured. The calm before the breakout is the most accurate reflection of the current market for $LAB . On the daily chart, price is below EMA50 and EMA200; the 4-hour chart is also capped by both moving averages, and the bearish alignment remains intact.
The 15-minute ADX reading is above 30, indicating that sellers are driving this move—not a slow decline on fading volume. A rebound to the upper edge of the previous high-volume trading zone would land right at a supply level within the bearish structure. I’d wait for signs that the rebound is stalling before considering an entry, rather than chasing the decline. As long as the key level holds, the downward momentum remains in play.
🔴 Trade direction: Short
📍 Entry range: 0.0431947 – 0.0434247
🛑 Stop loss: 0.0462935
🎯 Take profit 1: 0.0410720
🎯 Take profit 2: 0.0395801
🎯 Take profit 3: 0.0373422
Take in the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong, and witness the gains and losses of the world.
#LAB
Click below to trade 👇
The 15-minute ADX reading is above 30, indicating that sellers are driving this move—not a slow decline on fading volume. A rebound to the upper edge of the previous high-volume trading zone would land right at a supply level within the bearish structure. I’d wait for signs that the rebound is stalling before considering an entry, rather than chasing the decline. As long as the key level holds, the downward momentum remains in play.
🔴 Trade direction: Short
📍 Entry range: 0.0431947 – 0.0434247
🛑 Stop loss: 0.0462935
🎯 Take profit 1: 0.0410720
🎯 Take profit 2: 0.0395801
🎯 Take profit 3: 0.0373422
Take in the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong, and witness the gains and losses of the world.
#LAB
Click below to trade 👇