🔴 $LAB/USDT – PRIORITIZE LOOKING FOR SHORTS
LAB is facing selling pressure, with the 1H EMAs and daily trend both pointing downward. The price is below the EMA50 and EMA200, indicating that sellers remain in control.
📉 Entry zone: 0.0405703 – 0.0407097
• TP1: 0.0395773 (-2.6%)
• TP2: 0.0388689 (-4.4%)
• TP3: 0.0378063 (-7.0%)
🛑 SL: 0.0420569 (+3.5%)
⚠️ Note: LAB has already fallen quite sharply and is about 3.1 ATR below the 1H EMA50, so the risk of a technical bounce is very high.
Strategy: Take profit on 50% at TP1, 25% at TP2, and 25% at TP3, and move the SL to the entry point after reaching TP1. Avoid FOMO shorting after the price has already fallen too far. Prefer waiting for a bounce to find a safer entry point!
LAB is facing selling pressure, with the 1H EMAs and daily trend both pointing downward. The price is below the EMA50 and EMA200, indicating that sellers remain in control.
📉 Entry zone: 0.0405703 – 0.0407097
• TP1: 0.0395773 (-2.6%)
• TP2: 0.0388689 (-4.4%)
• TP3: 0.0378063 (-7.0%)
🛑 SL: 0.0420569 (+3.5%)
⚠️ Note: LAB has already fallen quite sharply and is about 3.1 ATR below the 1H EMA50, so the risk of a technical bounce is very high.
Strategy: Take profit on 50% at TP1, 25% at TP2, and 25% at TP3, and move the SL to the entry point after reaching TP1. Avoid FOMO shorting after the price has already fallen too far. Prefer waiting for a bounce to find a safer entry point!
