Is the daily trend for LAB turning bearish?

🔴 SHORT $LAB /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 0.0521329 – 0.0522471
TP1: 0.0511195 (-2.1%)
TP2: 0.0504059 (-3.4%)
TP3: 0.0493354 (-5.5%)
SL: 0.0536173 (+2.7%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.

Why SHORT? Leaning call, 4/12 signals agree, 0 against, 8 undecided.
• Daily trend: price < EMA50 < EMA200, bearish stack → the big-picture trend is down
• 4h trend: price < EMA50 < EMA200, bearish stack → the swing trend is down
• 1h trend: price < EMA50 < EMA200, bearish stack → the short-term trend is down

Quick LAB read:
1. The daily trend is bearish, price sits below key moving averages.
2. The 1h price is 0.0521900, still below the short-term trend.
3. A break above 0.0536173 would invalidate the short setup.

Where would you place your stop if you took this short?

Chart with every level below.

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Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.