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Hxlaw
Hxlaw
$LAB LABUSDT is showing a very strong bullish structure on the 1D frame when the price continuously creates new peaks and maintains above all short-term MA lines. Currently, the price is trading around the 5.03 area after increasing nearly 8% on the day, showing that the cash flow is still pouring in quite well. The remarkable point is: • MA5 > MA10 > MA20 > MA30 creates a clear uptrend structure • Trading volume increased sharply, confirming the real buying force • After a short correction around 4.0, the price was quickly absorbed and continued to break the top • The 1D candle maintains a large green body showing that the buyers are still controlling the trend Areas to pay attention to: ● Close support: 4.6 - 4.8 ● Strong support: 4.0 – 4.2 ● Short-term resistance: 5.37 ● If the break is strong 5.37, the next target can be towards 6.0 - 6.5 Reference strategy: ● Can buy when the price adjusts around MA5 or MA10 ● FOMO should not be done when the candle rises too strongly ● Stoploss below the 4.0 area for risk management The current trend is still leaning towards the increase, but because of the large volatility, priority should be given to capital distribution and partial profit-taking when the price approaches strong resistance areas. @OKX中文 @OKX Orbit

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