LAB is bouncing hard off a key order block, with volume finally confirming the direction. This market structure break is looking ripe for a long setup.

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🟢 LAB LONG 📈
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📍 Entry Range: $8.6783 – $8.6957
🛑 Stop Loss: $8.4264 (-3.0%)
🎯 TP1: $8.8173 (+1.5%)
🏆 TP2: $9.1213 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
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The CHoCH signal fired on the break of market structure, and we're seeing a beautiful confluence of FVG and OB, which is where the smart money is likely to be interested. Volume is confirming the direction, making this a high-confidence setup. The POI confluence is also overlapping with the OB and FVG, adding to the case for a long trade.

A 3.0% stop loss feels about right for this trade, and with a 1:1.7 risk/reward ratio, we can get away with using around 2x leverage to maximize our gains.

Considering taking a partial profit at the first target to bank some gains and reduce our risk, then letting the rest of the position ride to see if we can reach the full potential of this trade.

Not financial advice — always manage your own risk 🙏

#LABUSDT $LAB #SMC #Write2Earn #Binance