$LAB 🔸 LONG 🚀📈
#LAB 🟢 Entry Zone: 0.05280 - 0.05360 (Wait for rejection/support)
🔴 Stop-loss: 0.05140
🎯 TP1: 0.05550
🎯 TP2: 0.05800
🎯 TP3: 0.06000
🛑 DO NOT ENTER INTO TRADE WITHOUT STOP LOSS!
🔸 LAB has witnessed a strong V-shaped recovery from the 0.04605 local bottom, breaking above multiple key resistance levels. The price is currently holding near the 0.05365 zone, which was previously a major resistance and now acts as a firm support.
🔸 On the 15m chart, the asset is maintaining its position above the EMA9 (0.05338) and EMA15 (0.05277). With RSI cooling off to 57 and the price retesting the breakout zone, buyer control is likely to resume for the next leg up.
🔸 Major support lies between 0.05280 - 0.05350. Holding above this area confirms buyer control for a run toward the recent swing high liquidity above 0.05640. ⚡
⚠️ Disclaimer: Not financial advice. DYOR and manage risk properly.