🚨 $LAB still looks strong after the explosive breakout 🚨
$LAB USDT 4H Analysis - Bullish Continuation Setup:
* Entry: $5.10 – $5.25
* TP1: $5.80
* TP2: $6.50
* SL: $4.68
Risk/Reward: Around 1:2.5
Reasoning:
The 4H chart is still maintaining a strong bullish structure with price holding above EMA 7 and EMA 25. After the massive impulse toward $7.77, LAB entered consolidation instead of fully collapsing usually a sign buyers are still active. EMA(7) is above EMA(25), and both are far above EMA(99), confirming trend strength. The current candles also show higher lows forming near the $5 zone, which could act as support before another expansion move. If volume comes back in, LAB may attempt another breakout toward the $6–$6.5 region. A clean loss of EMA25 around $4.68 would weaken the bullish momentum short term.
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