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$LAB
Current signal:
• The price is recovering +5.02% after a sharp decline, creating a pretty good green candle with an increase in volume at the bottom.
• The price has just surpassed MA5 (11,922) and is testing MA10 (12,215). However, it is still below MA20, MA30 and the main trend is still down.
• Area 11,447 is the nearest support (24h bottom).
Order entry point:
• Buy when the price is stable above 12,200 - 12,300.
• Short-term target: 12,800 → 13,200 - 13,600.
• Stop-loss: 11,600 (nearest bottom).
Comment: LAB is showing signs of creating a short-term bottom but there is no clear reversal signal. This is a medium risk buying signal, suitable for short-term trade (scalping/reversal). It is recommended to wait for the confirmation of a strong green candle + support volume before entering a large order.
Recommendation: Divide capital, manage risk tightly. It is not recommended to go all-in because the long-term trend is still leaning towards the decline.
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