$LAB /USDT RSI has dropped to 21, is this a bottom-fishing signal or a trap?



$LAB /USDT - LONG

Trading Plan:
Entry: 5.10073 – 5.73917
SL: 1.43614
TP1: 8.40781
TP2: 10.39971
TP3: 13.38757

Why focus on this structure?
- RSI 15m is only 21.32, severely oversold, bearish momentum exhausted.
- LONG signal on the 4H timeframe, confidence 77%, supported by EMA bullish alignment.
- Current price 5.42 is close to the entry reference, TP1 8.40 offers 55% upside.

Discussion:
Will it first bounce to TP1 8.40, or continue to test the 5.10 support?
LAB-67.53%
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