【$LAB Signal】Pullback to buy/Right-side confirmation

$LAB 1H RSI skyrocketed to 83.95, and the price broke above the upper Bollinger Band, indicating a clear sign of buy-side exhaustion. After a series of consecutive bullish candles on the 4-hour chart, a volume-decreasing doji star appeared, suggesting weakening buying momentum. Market depth shows sell orders accumulating above 0.297, forming a short-term resistance wall.

🎯Direction: Watch (wait for pullback orders)

⚡Entry/Order: 0.2582 - 0.2649

🛑Stop Loss: 0.2449

🚀Target 1: 0.3148

🚀Target 2: 0.3398

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.

MACD histogram is still expanding, but there is slight divergence between price and indicator. Open interest remains stable, with no signs of large-scale capital outflow. This risk-reward ratio warrants waiting for a decent pullback; chasing the current price upward carries much higher risk than potential reward. The 0.258-0.265 zone below is the confluence area of the 1H EMA20 and the previous breakout structure, with clear support intent from funds.

View real-time market 👇 $LAB
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