LAB is perched near its recent swing high, eyeing the 1.85 resistance that held last week.
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$LAB LONG ๐
Entry โ $0.071648-$0.071792
Stop โ $0.069568 (-3.0%)
TP1 โ $0.072796 (+1.5%)
TP2 โ $0.075306 (+5.0%)
R/R 1:1.7 โข Confidence 64%
A change of character broke the descending structure at 1.80, confirmed by a spike in cumulative volume delta, while a fairโvalue gap from 1.78โ1.79 aligns with the order block at 1.80, creating a POI where the OB and FVG overlap. The liquidity sweep below 1.77 cleared stop clusters, reinforcing the bullish bias.
A 3.0% stop is relatively tight for a 1:1.7 reward, so keep leverage around 3โ5ร.
Take partial profit around the first target near 1.92 to lock in early gains.
DYOR โ this isn't financial advice, size your risk accordingly ๐
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