avatarCrypto journey1
avatar
badge

THREE WORDS: OVERSOLD. OVERSOLD. OVERSOLD.

$LAB

13.24 to 8.93. That's a 32% plunge. RSI at 26. Volume is increasing as price drops. That's panic selling. And panic selling creates opportunity.


I've seen this pattern before — sharp drop, high volume, extreme RSI, then a violent bounce. LAB is setting up for exactly that.


I'm watching 8.80. If that holds, the first target is 9.40, then 9.90.


My plan:

If 8.80 holds, look for entries between 8.80 and 8.95 with targets at 9.40, 9.90, and 10.50.

#SK Hynix Nasdaq IPO #ECB considers single rate hike #Anthropic resumes AI model access #Crypto fraudsters sentenced

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment