Everyone is staring at the bid, but the 15m RSI just screamed at 29. The real trade is hiding in the 4h.
$LAB /USDT - 🟢 SHORT · Conf 91%
Trade Plan:
Entry: 0.0791292 – 0.0798308
SL: 0.0878782
TP1: 0.0731813
TP2: 0.0689822
TP3: 0.0626836
Why this setup?
- The daily trend is bearish, and the 4h structure is confirming the downside. This is not a guessing game; it is a follow-through.
- The 15m RSI is deeply oversold at 29.05, which often precedes a brief technical bounce. But in a strong trend, the first bounce is the best entry to add to shorts.
- With a 91% confidence in the SHORT bias, the path of least resistance is toward the first target at 0.0731, with a stretch to 0.0689.
- The ATR shows enough volatility to move, but the SL at 0.0878 is the line in the sand. If we break that, the setup is invalid.
- Why now? Because the counter-trend bounce is likely the last liquidity grab before the next leg down.
Debate:
Are you waiting for a green candle to short, or are you selling this red one right now?
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