Trading Plan Long $LAB
$LAB just wicked the BB mid and is holding a critical micro support at $13.022.
Entry: $12.85-$13.15
Stoploss: $12.35
Targets: $13.65 / $14.50 / $15.80
LAB looks ready for a short squeeze bounce. Funding is absolutely crushed at -0.55%/8h, shorts are paying insane rates and got way too comfortable after the 6% dump. Top traders are short biased. BB squeeze on the 1h is building, setting up for expansion. This pop could be violent. Lose $12.35, and we're dead.
Trade $LAB here👇
$LAB just wicked the BB mid and is holding a critical micro support at $13.022.
Entry: $12.85-$13.15
Stoploss: $12.35
Targets: $13.65 / $14.50 / $15.80
LAB looks ready for a short squeeze bounce. Funding is absolutely crushed at -0.55%/8h, shorts are paying insane rates and got way too comfortable after the 6% dump. Top traders are short biased. BB squeeze on the 1h is building, setting up for expansion. This pop could be violent. Lose $12.35, and we're dead.
Trade $LAB here👇