$LAB - Showing a fakeout near 2.2288 as sellers aggressively step back above resistance. Breakdown below 2.1078 could trigger a sharp downside flush. 📉

Trade Plan: Short $LAB

✅ Entry: 2.14 – 2.24

⛔ SL: 2.2658

🎯 TP: 1️⃣ 1.9081 | 2️⃣ 1.4219 | 3️⃣ 0.9871

⚠️ Strategy: Enter With Order size worth 2.5% of total Capital 🆘

🧑‍💻 Why this Setup?

Price is showing signs of a fake breakout near the $2.2288 resistance zone where buyers failed to sustain momentum. Sellers are stepping back into the market aggressively while the structure begins weakening after the breakout trap. The current setup suggests bearish continuation with downside liquidity resting below the key support near $2.1078. As long as $2.2658 remains intact, bearish bias stays active. A clean breakdown below support can accelerate selling pressure toward $1.9081 first, followed by deeper downside targets at $1.4219 and $0.9871 if bearish momentum expands further.

Click Here to Trade 👉 $LAB