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Most traders will ignore this 4h setup on LAB until they see the TP2 number.
$LAB /USDT - LONG
Trade Plan:
Entry: 17.232 – 17.978
SL: 14.019
TP1: 20.294
TP2: 22.087
TP3: 24.776
Why this setup?
Why now? RSI at 59.4 on 15m shows room to run, not overbought. 1D trend is bullish, and 4h timeframe aligns with entry at 17.605. TP2 at 22.087 is a 25% move from current ref. ATR of 1.49 on 1h confirms volatility is alive.
Debate:
Are you scaling into TP1 at 20.294 or waiting for the breakout confirmation?