$LAB flushed below 14.00, sweeping prior swing lows on heavy negative funding.
Trading Plan Long $LAB
Entry: $13.80-$14.30
Stoploss: $13.15
Targets: $14.80 / $15.80 / $17.50
LAB got smacked down hard, now sitting at 1H BB lower band. Funding is extremely negative, shorts piled in after the dump. OI also bleeding, indicating a squeeze is building. This looks like a classic liquidity grab before reversal. Buyers will step in. Lose $13.15, plan dead.
Trade $LAB here👇
Trading Plan Long $LAB
Entry: $13.80-$14.30
Stoploss: $13.15
Targets: $14.80 / $15.80 / $17.50
LAB got smacked down hard, now sitting at 1H BB lower band. Funding is extremely negative, shorts piled in after the dump. OI also bleeding, indicating a squeeze is building. This looks like a classic liquidity grab before reversal. Buyers will step in. Lose $13.15, plan dead.
Trade $LAB here👇