$LAB will drop very quickly and could go down to $1. The reason is that the top 10 wallets, which held 95% of the supply, have started gradually selling. Once they fully sell off, it will go back to $1. Therefore, in my opinion, a short opportunity is building up.
Clear Bullish Divergence forming on the 4H chart. RSI is in oversold territory and higher lows are visible.
My View: • Short term: Possible correction towards $78,000 - $79,000 • $78k-$79k is a strong accumulation zone • Break above $82,500 can take it to $88k-$90k
Risk Management: Keep SL below $76,500.
What do you think? Buying now or waiting for correction? Drop your opinion 👇 $BTC
I am waiting for the TP of this $LAB trade to be hit. I am confident my TP will be hit at $1. If the TP is hit, that will be a straight $1,000 profit. $LAB
Those who entered $SKYAI with me can close the trade. The reason to close the trade before the TP is hit is that 14 hours have passed since the trade was opened, and the market could move against us. Wait for my next signal.
$ZEC has cooled down after a big pump and is now preparing for its next move. The good news is that after a 35% pump, it is not falling down. #zec next target could go up to $800 if it does not break the $520 support level.