🔴 $LAB /USDT — BEARS STILL IN CONTROL! 📉🔥
$LAB is looking weak across the 4H chart, with a bearish EMA alignment keeping the pressure on sellers' side.
And the daily trend isn't looking any better. 👀
📊 SHORT SETUP
🔴 ENTRY: 0.0405703 – 0.0407097
🎯 TP1: 0.0395773 (-2.6%)
🎯 TP2: 0.0388689 (-4.4%)
🎯 TP3: 0.0378063 (-7.0%)
🛑 STOP LOSS: 0.0420569 (+3.5%)
🔥 WHY I'M BEARISH:
Price is trading below both EMA50 and EMA200 on the daily chart, confirming the broader downtrend.
⚠️ BUT HERE'S THE TRAP:
$LAB is already stretched to the downside, sitting roughly 3.1 ATR below its 1H EMA50.
That means a sharp relief bounce could squeeze late shorts.
💰 MY EXIT PLAN:
✅ Take 50% profit at TP1.
✅ Close another 25% at TP2.
✅ Let the final 25% run toward TP3.
🔒 Move SL to breakeven after TP1.
THE TREND FAVORS SHORTS, BUT CHASING THE DUMP IS HOW YOU GET TRAPPED.
👇 $LAB — ANOTHER LEG DOWN OR SHORT SQUEEZE FIRST? 👀🔥
Not financial advice. DYOR.
#CPITestsDecemberRateOutlook #NvidiaInvestigatesAfterHuang’sAffairApology #AnthropicRejectsIPODelayValuationinQuestion #US-IranTalksFuelStrongStockMarketRebound #BitcoinFiveWeeklyLosses
$LAB is looking weak across the 4H chart, with a bearish EMA alignment keeping the pressure on sellers' side.
And the daily trend isn't looking any better. 👀
📊 SHORT SETUP
🔴 ENTRY: 0.0405703 – 0.0407097
🎯 TP1: 0.0395773 (-2.6%)
🎯 TP2: 0.0388689 (-4.4%)
🎯 TP3: 0.0378063 (-7.0%)
🛑 STOP LOSS: 0.0420569 (+3.5%)
🔥 WHY I'M BEARISH:
Price is trading below both EMA50 and EMA200 on the daily chart, confirming the broader downtrend.
⚠️ BUT HERE'S THE TRAP:
$LAB is already stretched to the downside, sitting roughly 3.1 ATR below its 1H EMA50.
That means a sharp relief bounce could squeeze late shorts.
💰 MY EXIT PLAN:
✅ Take 50% profit at TP1.
✅ Close another 25% at TP2.
✅ Let the final 25% run toward TP3.
🔒 Move SL to breakeven after TP1.
THE TREND FAVORS SHORTS, BUT CHASING THE DUMP IS HOW YOU GET TRAPPED.
👇 $LAB — ANOTHER LEG DOWN OR SHORT SQUEEZE FIRST? 👀🔥
Not financial advice. DYOR.
#CPITestsDecemberRateOutlook #NvidiaInvestigatesAfterHuang’sAffairApology #AnthropicRejectsIPODelayValuationinQuestion #US-IranTalksFuelStrongStockMarketRebound #BitcoinFiveWeeklyLosses