【$LAB Signal】Pullback confirmed, bulls strike again

$LAB 1H breakout above the upper Bollinger band, 4H MACD histogram continues to expand, indicating strong bullish momentum. RSI 1H 82.93, 4H 92.28, showing extremely active buying but entering overbought territory. Market depth shows significant buy orders accumulating in the 0.3821-0.3822 range, while sell pressure is relatively dispersed.

🎯Direction: Long

⚡Entry/Order: 0.3780 - 0.3800

🛑Stop Loss: 0.3690

🚀Target 1: 0.3965

🚀Target 2: 0.4100

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry level. If the price falls back to the entry level, automatically exit to protect capital.

The 4H price has broken above the upper Bollinger band, which is a sign of continued strength. Position volume remains stable, funding rate at 0.0651% is positive but not yet in the danger zone, and short squeeze risk is temporarily manageable. Volume on the 1-hour chart significantly increased during the breakout, indicating genuine buying pressure. The current risk-reward ratio is close to 4:1, making the trade quite favorable, but caution is needed for a quick pullback after RSI reaches overbought levels. The 0.3600 level below is the low of the previous 4-hour candle, serving as a last line of defense for strong bulls.

View real-time market 👇 $LAB
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