LAB is deep in a bearish stack across every trend
đŽ SHORT $LAB /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0367380 â 0.0368820
TP1: 0.0353464 (-4.0%)
TP2: 0.0343707 (-6.6%)
TP3: 0.0329071 (-10.6%)
SL: 0.0387614 (+5.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? LAB checklist: 8/12 agree, 1 against.
âą Daily trend down (below EMA50 & EMA200)
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
Watch: Far below its average, bounce likely (â3.1 ATR from 1h EMA50)
Watch: The idea is wrong if price reaches the stop at 0.0387614
Bottom line: The daily bearish stack (price below both EMAs) is the strongest sign, but price is 3.1 ATR below the 1h EMA50, which means a bounce is likely
Where is your invalidation level if this short fails?
đŽ SHORT $LAB /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0367380 â 0.0368820
TP1: 0.0353464 (-4.0%)
TP2: 0.0343707 (-6.6%)
TP3: 0.0329071 (-10.6%)
SL: 0.0387614 (+5.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? LAB checklist: 8/12 agree, 1 against.
âą Daily trend down (below EMA50 & EMA200)
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
Watch: Far below its average, bounce likely (â3.1 ATR from 1h EMA50)
Watch: The idea is wrong if price reaches the stop at 0.0387614
Bottom line: The daily bearish stack (price below both EMAs) is the strongest sign, but price is 3.1 ATR below the 1h EMA50, which means a bounce is likely
Where is your invalidation level if this short fails?
