$LAB /USDT (1H/1D)
After an aggressive growth, the asset went through a hard correction (dump from $7.76 to $2.89). Now we see an attempt at stabilization and a technical rebound.
📊 Technical picture:
• Condition: Deeply oversold.
• CVD: Beginning of spot buyback after the drain.
• Target: Test of moving averages (MA10/MA30), which are currently acting as resistance.
🎯 Trading plan:
• Entry: current ($3.92) or retest $3.50
• Targets: $4.80 — $5.50 — $6.40
• Stop: $2.80 (below local low)
⚠️ Risk: High. We work only with a short stop, since the trend has been broken and further attempts to drive the price lower are possible.
After an aggressive growth, the asset went through a hard correction (dump from $7.76 to $2.89). Now we see an attempt at stabilization and a technical rebound.
📊 Technical picture:
• Condition: Deeply oversold.
• CVD: Beginning of spot buyback after the drain.
• Target: Test of moving averages (MA10/MA30), which are currently acting as resistance.
🎯 Trading plan:
• Entry: current ($3.92) or retest $3.50
• Targets: $4.80 — $5.50 — $6.40
• Stop: $2.80 (below local low)
⚠️ Risk: High. We work only with a short stop, since the trend has been broken and further attempts to drive the price lower are possible.