【$LAB Signal】Pullback confirmation complete—bulls strike again

$LAB 1H level pulls back to EMA20, then buying pressure surges back in and pushes the price higher. The order book depth shows sell walls above 0.5301 being quickly digested. Although MACD shows a slight bearish crossover signal, the price refuses to drop sharply, and open interest remains stable. This divergence often signals a second push higher after accumulating strength.

🎯Direction: Long

⚡Entry: Enter directly near the current price around 0.52934, or place staggered orders in the 0.52669 - 0.53199 range.

🛑Stop loss: 0.52246. If price falls below this level, it indicates the pullback failed and the bulls’ defensive line has been breached.

🚀Target 1: 0.55104, a resistance area near the previous high.

🚀Target 2: 0.56057, an extension target after breaking the previous high.

🛡️Trade management:
- Execution strategy: After the price reaches 0.55104, reduce the position by half; move the remaining stop loss up to the entry price. If the price cannot hold above 0.53199 and pulls back, consider exiting early to observe.

The current risk-reward ratio is close to 2:1, which is within an acceptable range. Although the funding rate is positive, it is not extreme, so the risk of a short squeeze is temporarily controllable. The key is whether the price can hold above 0.531 within the next 1-2 K lines—this is the watershed for whether the bulls can take control of the situation.

Check real-time market 👇 $LAB
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