$LAB
BULLISH CONTINUATION SETUP
$LAB is showing a strong bullish structure on the chart, supported by a clear alignment of moving averages. Price is trading above MA(7), MA(25), and MA(99), indicating sustained upward momentum and trend strength. The short-term MA(7) crossing above MA(25) and holding above MA(99) confirms buyers are in control.
A higher high and higher low structure is forming, suggesting continuation of the bullish trend. The recent breakout near the 0.2060 zone has flipped this level into strong support, while price is now consolidating just below resistance, preparing for the next leg up.
If momentum sustains and price holds above the immediate support zone, a breakout above the recent high is likely, opening the path for further upside expansion.
TARGETS (TP):
TP1: 0.2240
TP2: 0.2320
TP3: 0.2450
STOP LOSS (SL):
0.1960
RISK MANAGEMENT:
Risk only 1–2% of total capital per trade, avoid overleveraging, and always wait for confirmation before entry to reduce false breakout risk.
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