The 1h price just rejected a key level — are you positioned for the drop?

$LAB /USDT - 🟢 SHORT · Conf 82%

Trade Plan:
Entry: 0.0687710 – 0.0695290
SL: 0.0776153
TP1: 0.0628010
TP2: 0.0585684
TP3: 0.0522194

Why this setup?
Why now? The daily trend is bearish, and the 1h ATR of 0.003527 confirms enough momentum to push SYMBOL toward the entry zone near 0.0691500. The 15m RSI at 58.49 shows the asset is not yet overbought, so short sellers can still ride the momentum. TP1 at 0.0628010 and TP2 at 0.0585684 align with the bearish structure, but the invalidation level at 0.0695610 is the line in the sand — breach it and the setup fails. This is a trend-following short, not a counter-trend reversal, so sizing and the SL must be respected.

Debate:
Will SYMBOL respect the invalidation level or break it and flip this trade?

Click here to view the chart 👇️

⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.