Attempted rebound $LAB bullish, forming a bottom at support levels to ease the sharp selling pressure.
Entry zone: 15.181 - 14.500
Target 1: 16.000
Target 2: 17.200
Target 3: 18.500
Stop loss: 13.700
Technical analysis: The RSI(6) indicator starts rebounding upward from areas of severe oversold (33.91), in parallel with OBV line stabilization and the beginning of reducing negative momentum on the MACD (Moving Average Convergence Divergence) indicator.
Trade here $LAB
#Binance #LAB #long
Entry zone: 15.181 - 14.500
Target 1: 16.000
Target 2: 17.200
Target 3: 18.500
Stop loss: 13.700
Technical analysis: The RSI(6) indicator starts rebounding upward from areas of severe oversold (33.91), in parallel with OBV line stabilization and the beginning of reducing negative momentum on the MACD (Moving Average Convergence Divergence) indicator.
Trade here $LAB
#Binance #LAB #long