Long LABUSDT (Perp) — My Setup
Entry: $19.30–$19.55
Current: $19.70 (+6.06%)
Targets: $20.20, $21.00, $22.00
Stop-loss: $18.50
Position: Long (Perpetual)
Why I like this trade:
- Clear support near $19.30; price holding above entry zone.
- First target offers a quick scalp (~+3–4%), higher targets aim for continuation if momentum stays.
- Risk-reward looks reasonable with SL at $18.50.
Plan:
- Enter within the $19.30–$19.55 zone.
- Take partial profit at $20.20, scale out further at $21.00 and $22.00.
- Move stop to breakeven after first partial take-profit if trade reaches $20.20.
- Keep position size small enough that a stop at $18.50 limits loss to your pre-defined risk (e.g., 1–2% of account).
$LAB