🔴 $LAB /USDT · Bias: SHORT
LAB is below EMA50 and EMA200 on the 4h, so the swing trend points down.
Entry: 0.0425247 – 0.0426953
TP1: 0.0413204 (-3.0%)
TP2: 0.0404606 (-5.0%)
TP3: 0.0391710 (-8.1%)
SL: 0.0443295 (+4.0%)
Why: The daily trend is bearish with price below EMA50 and EMA200, meaning the big-picture trend is down and sellers are in control.
Risk: Buyers are pushing right now (+0.28% 15m candle)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you see LAB continuing lower from the current 4h price?