Guys… $LAB is approaching a key resistance zone, and the setup favors a short if sellers step in.
Price is trading near an important supply area, where rejection could trigger a move lower. As long as the price remains below the invalidation level, the bearish outlook stays intact.
Position: SHORT
Entry: $15.00 – $14.50
Stop Loss: $16.30
Take Profit 1: $13.00
Take Profit 2: $12.00
Take Profit 3: $10.00
Patience is key. Wait for confirmation within the entry zone and manage risk according to your trading plan.
$LAB
Price is trading near an important supply area, where rejection could trigger a move lower. As long as the price remains below the invalidation level, the bearish outlook stays intact.
Position: SHORT
Entry: $15.00 – $14.50
Stop Loss: $16.30
Take Profit 1: $13.00
Take Profit 2: $12.00
Take Profit 3: $10.00
Patience is key. Wait for confirmation within the entry zone and manage risk according to your trading plan.
$LAB