Your 4H chart may be telling the wrong story on $LAB /USDT.
$LAB — LONG Setup
Entry Zone: 15.598630 – 15.768373
Stop Loss: 14.868734
Targets:
🎯 TP1: 16.294577
🎯 TP2: 16.701961
🎯 TP3: 17.313037
Why this trade?
The 15-minute RSI sits around 47, signaling neutral momentum, while the daily trend remains firmly bullish. With ATR near 0.81, volatility is compressed—often a precursor to sharp directional moves.
The entry zone around 15.68 offers a favorable risk-to-reward profile, with the first objective at 16.29. As long as price holds above the key support area near 15.60, buyers remain in control.
Alternative scenario: A decisive break below 15.60 could shift momentum to the downside.
Bottom line: The current 4H market structure continues to favor upside until price action proves otherwise.