LAB is grinding lower, but the daily stack is stacked for a short.
🔴 SHORT $LAB /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0375845 – 0.0376955
TP1: 0.0367340 (-2.4%)
TP2: 0.0361300 (-4.0%)
TP3: 0.0352240 (-6.4%)
SL: 0.0388480 (+3.2%)
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? 6/12 signals agree, 2 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
Risk: BTC is rising, this coin follows (corr 0.61)
Quick LAB read:
1. The daily trend is bearish, price below EMA50 and EMA200.
2. The 1h RSI is 37.6, below 45, showing sellers have momentum.
3. A break above the stop at 0.0388480 would make the idea wrong.
Where do you set your invalidation for this LAB short?
🔴 SHORT $LAB /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0375845 – 0.0376955
TP1: 0.0367340 (-2.4%)
TP2: 0.0361300 (-4.0%)
TP3: 0.0352240 (-6.4%)
SL: 0.0388480 (+3.2%)
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? 6/12 signals agree, 2 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
Risk: BTC is rising, this coin follows (corr 0.61)
Quick LAB read:
1. The daily trend is bearish, price below EMA50 and EMA200.
2. The 1h RSI is 37.6, below 45, showing sellers have momentum.
3. A break above the stop at 0.0388480 would make the idea wrong.
Where do you set your invalidation for this LAB short?