$LAB Facing Rejection … Correction Phase Started

Strong rejection near $1.0 resistance ... sellers active at top

Trade Setup (Short / Pullback)

Entry: 0.86 – 0.88

Stop Loss: 0.98

Take Profit: 0. 81– 0.78

LAB pushed strongly upward but failed to break the $1.0 resistance zone. Multiple rejections from the top show selling pressure is still strong in this area.

Now price is entering a correction phase. If momentum stays weak, a move toward lower support levels is likely before any new bullish attempt.

For bullish continuation, price must reclaim and hold above 0.92–1.0 zone. Until then, expect pullbacks and consolidation. Trade with confirmation and avoid chasing highs.

Click below to Take Trade

LABBSC
LABUSDT
0.6853
+1.30%