đȘ ASSET: $LAB /USDT (Binance)
đŽ DIRECTION: SHORT (Short position)
đ TREND: Pronounced downtrend. Price collapsed from 0.1115 (chart peak / EMA(200)) to the current 0.0901 â a correction of ~19.2%. Price is trading below all key EMAs: EMA(7) 0.0928, EMA(25) 0.1002, EMA(99) 0.1080, EMA(200) 0.1115 â full bearish setup. RSI(6) is at 25.92 â approaching oversold levels but has not yet reached the 20 zone, leaving room for further decline. MACD is negative (DIF -0.0048, DEA -0.0035, MACD -0.0013) â confirming bearish momentum. Supertrend 0.0947 is red and above the price â an additional signal of weakness. Volume of $34.20M confirms seller activity.
âđŻ Trading Setup
âđŻ Entry: 0.0900 â 0.0925
âđ Stop-Loss: 0.0955 (above Supertrend 0.0947 + buffer)
âđ Take-Profits:
âđŽ TP1: 0.0865 â below 24h low 0.0866 / local bottom
âđŽ TP2: 0.0830 â below BOLL DN 0.0861 / intermediate support
âđŽ TP3: 0.0800 â extended target, approaching the psychological level
âđ Key Levels
âđ” Bottom (0.0866): 24-hour low / bounce level
âđŽ Resistance (0.1115): EMA(200) / local peak / drop start level
âđą Support (0.0866): 24-hour low / BOLL DN 0.0861
âđŻ Entry Zone (0.0900â0.0925): Current zone / retest of EMA(7) 0.0928 from below
âđ Stop-Loss (0.0955): Above Supertrend with a buffer
ââ ïž Disclaimer: This analysis is not financial advice. Trade at your own risk.
$LAB
đŽ DIRECTION: SHORT (Short position)
đ TREND: Pronounced downtrend. Price collapsed from 0.1115 (chart peak / EMA(200)) to the current 0.0901 â a correction of ~19.2%. Price is trading below all key EMAs: EMA(7) 0.0928, EMA(25) 0.1002, EMA(99) 0.1080, EMA(200) 0.1115 â full bearish setup. RSI(6) is at 25.92 â approaching oversold levels but has not yet reached the 20 zone, leaving room for further decline. MACD is negative (DIF -0.0048, DEA -0.0035, MACD -0.0013) â confirming bearish momentum. Supertrend 0.0947 is red and above the price â an additional signal of weakness. Volume of $34.20M confirms seller activity.
âđŻ Trading Setup
âđŻ Entry: 0.0900 â 0.0925
âđ Stop-Loss: 0.0955 (above Supertrend 0.0947 + buffer)
âđ Take-Profits:
âđŽ TP1: 0.0865 â below 24h low 0.0866 / local bottom
âđŽ TP2: 0.0830 â below BOLL DN 0.0861 / intermediate support
âđŽ TP3: 0.0800 â extended target, approaching the psychological level
âđ Key Levels
âđ” Bottom (0.0866): 24-hour low / bounce level
âđŽ Resistance (0.1115): EMA(200) / local peak / drop start level
âđą Support (0.0866): 24-hour low / BOLL DN 0.0861
âđŻ Entry Zone (0.0900â0.0925): Current zone / retest of EMA(7) 0.0928 from below
âđ Stop-Loss (0.0955): Above Supertrend with a buffer
ââ ïž Disclaimer: This analysis is not financial advice. Trade at your own risk.
$LAB