$LAB – Trade Setup 🧪
Current Price: $0.15767 (+4.81%)
Market Context: Price is showing recovery strength after finding solid support near the $0.111 level. We are currently seeing a bullish crossover on the short-term Moving Averages (MA7 crossing above MA25), suggesting upward momentum is building.
Entry Zone: $0.152 – $0.158
Stop Loss (SL): $0.135 (Below the MA99 and recent consolidation)
Take Profit (TP):
TP1: $0.180
TP2: $0.199 (Recent swing high)
TP3: $0.220
Outlook: $LAB is looking constructive on the daily timeframe. If the price holds above the $0.150 psychological level, watch for a retest of the $0.20 resistance. MACD is also starting to curve upward, indicating a potential trend reversal.
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