๐ $LAB LONG SETUP
๐ Entry Zone: $9.68 โ $10.05
๐ Stop Loss: $8.95
๐ฏ TP1: $10.75
๐ฏ TP2: $12.00
๐ฏ TP3: $13.50
Setup Logic
$LAB has reclaimed the 1H EMA21 after sweeping the $8.744 support, a move that looks like a liquidity grab before a potential expansion.
๐Extremely negative funding combined with rising Open Interest suggests many shorts are trapped, increasing the probability of a short squeeze.
Strong taker buy volume and contracting Bollinger Bands point to a possible volatility breakout.
A drop below $8.95 invalidates the bullish setup.
Trade $LAB here ๐
๐ Entry Zone: $9.68 โ $10.05
๐ Stop Loss: $8.95
๐ฏ TP1: $10.75
๐ฏ TP2: $12.00
๐ฏ TP3: $13.50
Setup Logic
$LAB has reclaimed the 1H EMA21 after sweeping the $8.744 support, a move that looks like a liquidity grab before a potential expansion.
๐Extremely negative funding combined with rising Open Interest suggests many shorts are trapped, increasing the probability of a short squeeze.
Strong taker buy volume and contracting Bollinger Bands point to a possible volatility breakout.
A drop below $8.95 invalidates the bullish setup.
Trade $LAB here ๐