🚀 LABUSDT: Explosive growth is fading — are we catching a correction? 🔥
On the 4H chart, LABUSDT experienced a powerful bullish breakout: the price rose from 0.0977 to 0.1466, currently at 0.1400 (+30.8% in 24 hours). The rise was accompanied by huge volume — a classic impulse of 'smart money'. The price is confidently above all EMAs, the global trend remains bullish, but locally the market is overheated.
🚨Indicators briefly:
EMA(21/50/99): 0.1186 / 0.1131 / 0.1101 — price is far above, trend ↑
MACD: +0.0044, histogram is rising — momentum is maintained
RSI(14): 80.1, RSI(6): 87.6 — extreme overbought
Stoch RSI: 96–98 — signal of a possible pullback
Volume: 375M LAB on the impulse, then signs of slowdown
After such vertical growth, overbought often leads to correction. The main scenario is a short on the pullback against local overheating, with strict risk control.
🧭 Trading plan (SHORT)
Aggressive entry: 0.142–0.144
Conservative entry: breakout and hold below 0.137
⛔️Stop-loss: 0.148 (above the high of 0.1466)
Targets:
🎯 0.128 — first support (~9%)
🎯 0.116 — EMA zone (~17%)
🎯 0.106 — deep correction (~24%)
❗ If it breaks 0.147 upwards — short is canceled, a new growth impulse is possible.
We work according to the plan and do not forget about risk management.
Trading 👉$LAB
