🔥 Don't miss this opportunity for coin
$LAB gearing up for a strong pump 🚀
We've merged the timeframes on the 4-hour chart, and the overall trend is bullish and strong. Currently, on the 15-minute frame, the price is at 16.542 and testing critical support levels.
The important thing is that the RSI indicator on the 15-minute has dropped to critical levels, hitting 30.0 exactly, which means we've reached a strong oversold area and the indicators are set for a rapid and excellent bullish reversal to push the price up.
📈 Entry plan for buying
Enter at the current prices between 16.542 and 16.200, which is the current bottom support and close to the MA99 on the higher timeframe.
🎯 Targets:
First target: 17.220
Second target: 17.800
Third target: 18.500
❌ Stop loss: Close of a 15-minute candle below 15.600
🤍 Reminder:
This analysis is a reading of the chart and a profit forecast; the decision is in your hands to grow your portfolio. Enter what suits you best, and good luck to everyone 🌸✨
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