$LAB Short position deeply trapped by 5.8 points? Don’t panic! A trick called “fake fall” teaches you how to escape!

There is a saying in the crypto world: “Not afraid of the trend being wrong, only afraid of holding on to a position to the death.” Brothers shorting around 11 USD, do you now feel like the sky is falling? The current price is 16.8, nearly 6 points trapped, unwilling to cut losses, what to do?

Bai Yue today confesses two words from the heart. First, the 1-hour chart has already lit up the “overbought” red light, this wave of short squeeze has gone a bit too far, the bulls are now at the end of their strength. Second, look at the whale holdings, the long-short ratio skyrocketed to 275%, all gamblers are celebrating wildly, the main force is ready to harvest at any time.

De-trapping strategy:
Don’t hold on stubbornly! The current market is just “诱多” (诱导多头). Be patient and wait for the 1-hour level pullback, as long as the price dips below the moving average support, immediately do a T to reduce costs, or set a breakeven stop-loss and reverse to open a long. Remember, real huge profits are often hidden after stubbornly holding against the trend! Want to know where Bai Yue’s “life line” is drawn? Comment “LAB” below.