$LAB were swept below 14.00, sweeping the previous swing lows with a strong negative funding.
Long Trading Plan $LAB
Entry: $13.80-$14.30
Stoploss: $13.15
Targets: $14.80 / $15.80 / $17.50
LAB took a hard hit and is now in the lower BB band on 1H. The funding is extremely negative; shorts piled up after the dump. The OI is also bleeding, indicating a squeeze is forming. This looks like a classic “liquidity grab” before a reversal. Buyers will step in. Lose $13.15, plan dead.
Trade $LAB here👇