Everyone’s watching the bounce, but the 4H chart just whispered a different secret about $LAB /USDT.
$LAB - SHORT
Trade Plan:
Entry: 0.1185391 – 0.1190609
SL: 0.1252924
TP1: 0.1139307
TP2: 0.1106845
TP3: 0.1058151
Why this setup?
- The daily trend is still bearish, yet the 15-min RSI sits at a scorched 28.8—that’s not strength, that’s a dead-cat’s last breath.
- Price is pinned at 0.1188, but the real gravity is below: TP1 at 0.1139, TP2 at 0.1106.
- With 87% confidence on the short side ...
This is not looking good for Cardano $ADA , Polkadot , and Hedera
Grayscale has withdrawn its proposed Cardano, Polkadot, and Hedera ETF registrations from SEC review.
Definitely not the kind of headline the market wanted to see, especially with investors watching closely for more crypto ETFs.
It’s worth keeping an eye on what Grayscale does next and whether these filings eventually come back in another form.