$LAB just tapped 18.27$ high on 1H, then pulled back after a quick 35% move up. Classic profit booking wick.
*๐ง๐ฟ๐ฎ๐ฑ๐ฒ ๐ฝ๐น๐ฎ๐ป ๐'๐บ ๐๐ฎ๐๐ฐ๐ต๐ถ๐ป๐ด:*
*๐๐ป๐๐ฟ๐:* 17.50$ - 18.00$ zone - dip buy area
*๐ฆ๐๐ผ๐ฝ ๐น๐ผ๐๐:* 16.60$ - invalidation level. Lose this = setup broken
*๐ง๐ฎ๐ฟ๐ด๐ฒ๐๐:* 18.80$ โ 20.00$ โ 22.50$
*๐ช๐ต๐ ๐๐ต๐ถ๐ ๐๐ผ๐ฟ๐ธ๐:*
1. 1H high printed but wick shows shorts got trapped + longs took profit
2. Retail positioning is heavy short right now. Pullback + bounce = squeeze setup
3. Open Interest still rising = new money entering, not just exit liquidity
4. 1H EMA21 holding as dynamic support underneath price
*๐๐ฒ๐ ๐ฟ๐๐น๐ฒ:* Reclaim and hold above 18.27$ high = continuation confirmed. Drop and daily close below 16.60$ = thesis dead.
*๐๐ผ๐๐๐ผ๐บ ๐น๐ถ๐ป๐ฒ:*
LAB structure stays bullish as long as 16.60$ holds. Dip to 17.5-18$ is the zone for longs with tight risk.
*๐๐ถ๐๐ฐ๐น๐ฎ๐ถ๐บ๐ฒ๐ฟ*: This is a trading plan, not financial advice. Low caps are volatile. Size small, use SL.
#LAB #Crypto
---
#IranOilFlowsSurgePostBlockade #SocialSecurityFundDepletedQ42032