$LAB is doing something I actually like here it pumped hard, pulled back, and buyers are quietly rebuilding.
Price has been consolidating instead of completely giving back the breakout, while the MA7 and MA25 are sitting around 0.074, giving the current price a decent short-term support base. RSI is also back above 50.
🟢 Open LONG now and you'll love me later swear ❤️
LONG Entry: 0.0755–0.0770
SL: 0.0715
TP: 0.0820 / 0.0860
Support: 0.0740–0.0750, then 0.0665
Resistance: 0.0820, then 0.0864
Why LONG?
I like the fact that $LAB is holding above the short-term moving averages after that huge move. The candles are getting tighter near 0.075–0.077, which tells me buyers are still defending the area. If 0.077–0.078 starts pushing with volume, the first target is the recent resistance around 0.082, and a clean break can bring 0.0864 back into play.
OPEN TRADE 👇🏻
#Labs #TradingSignals
Price has been consolidating instead of completely giving back the breakout, while the MA7 and MA25 are sitting around 0.074, giving the current price a decent short-term support base. RSI is also back above 50.
🟢 Open LONG now and you'll love me later swear ❤️
LONG Entry: 0.0755–0.0770
SL: 0.0715
TP: 0.0820 / 0.0860
Support: 0.0740–0.0750, then 0.0665
Resistance: 0.0820, then 0.0864
Why LONG?
I like the fact that $LAB is holding above the short-term moving averages after that huge move. The candles are getting tighter near 0.075–0.077, which tells me buyers are still defending the area. If 0.077–0.078 starts pushing with volume, the first target is the recent resistance around 0.082, and a clean break can bring 0.0864 back into play.
OPEN TRADE 👇🏻
#Labs #TradingSignals
