Everyone is waiting for a bounce, but the 4h chart just handed us a fresh short at 0.0756. The daily trend is bearish and the 15m RSI is at 30.9, meaning momentum is still bleeding lower, not reversing.
$LAB /USDT - 🟢 SHORT · Conf 89%
Trade Plan:
Entry: 0.0750621 – 0.0762179
SL: 0.0924196
TP1: 0.0630553
TP2: 0.0546655
TP3: 0.0420807
Why this setup?
Why now? The 1D trend is firmly bearish, and this setup aligns with that flow. This is a trend-following short, not a gamble against the tape.
- Entry zone: 0.07506 to 0.07622. Price is sitting right in the kill zone.
- Target 1 is deep at 0.06305, which is a massive 16% move from entry. TP2 and TP3 are even lower.
- The stop at 0.09241 is wide, so position size must respect that distance. This is a high-confidence (89) signal, but the distance to SL means you cannot afford to be reckless.
- RSI on the 15m is at 30.9, suggesting weakness, but do not expect a straight line down. The ATR shows volatility is present, so expect chop on the way to TP1.
- This is a trend trade, so the path is with the daily bearish structure. Let the targets work, but respect the invalidation at 0.09194.
Debate:
If price tags TP1 at 0.0630, do you scale out half or let it all run to TP2 at 0.0546?
Click here to Trade 👇️
$LAB /USDT - 🟢 SHORT · Conf 89%
Trade Plan:
Entry: 0.0750621 – 0.0762179
SL: 0.0924196
TP1: 0.0630553
TP2: 0.0546655
TP3: 0.0420807
Why this setup?
Why now? The 1D trend is firmly bearish, and this setup aligns with that flow. This is a trend-following short, not a gamble against the tape.
- Entry zone: 0.07506 to 0.07622. Price is sitting right in the kill zone.
- Target 1 is deep at 0.06305, which is a massive 16% move from entry. TP2 and TP3 are even lower.
- The stop at 0.09241 is wide, so position size must respect that distance. This is a high-confidence (89) signal, but the distance to SL means you cannot afford to be reckless.
- RSI on the 15m is at 30.9, suggesting weakness, but do not expect a straight line down. The ATR shows volatility is present, so expect chop on the way to TP1.
- This is a trend trade, so the path is with the daily bearish structure. Let the targets work, but respect the invalidation at 0.09194.
Debate:
If price tags TP1 at 0.0630, do you scale out half or let it all run to TP2 at 0.0546?
Click here to Trade 👇️