Short setup on LABUSDT hit TP3 📉. Price moved +7.17% from entry over ~16h 49m on spot. Remember to manage risk and size positions carefully.
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Baissier
LAB short setup: the levels I'm watching
🔴 SHORT $LAB /USDT: expecting price to go DOWN Bias: SHORT · Leaning
Entry: 0.0524021 – 0.0525779 TP1: 0.0510795 (-2.7%) TP2: 0.0501392 (-4.5%) TP3: 0.0487286 (-7.2%) SL: 0.0543707 (+3.6%) Plan: enter only inside the zone, take half at TP1, then move the stop to entry. Note: moderate conviction only, keep size light.
Why SHORT? Leaning call, 3/12 signals agree, 0 against, 9 undecided. • Daily trend: price < EMA50 < EMA200, bearish stack → the big-picture trend is down • 4h trend: price < EMA50 < EMA200, bearish stack → the swing trend is down • 1h trend: price < EMA50 < EMA200, bearish stack → the short-term trend is down
The reasoning: The daily trend reads bearish, and 3/12 signals aligned favour the short side. The plan is to work the 0.0524021 – 0.0525779 zone, scale out at 0.0510795 and 0.0501392, and stay patient for 0.0487286. A move through 0.0543707 means the idea is wrong and the stop does its job.
Does LAB tag 0.0510795 first, or the stop?
Levels mapped on the chart below.
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