🔴 $LAB SHORT SETUP — Rejection Near Resistance, Breakdown Structure Forming 📉
📍 Entry Zone: 5.90 – 6.08
🛡️ SL: 6.22
🎯 TP1: 5.58
🎯 TP2: 5.24
🎯 TP3: 4.76
LAB pushed into a major resistance region after a relief bounce, but momentum is now beginning to fade beneath the highs.
The current structure is starting to form lower highs, while liquidity continues building beneath nearby support zones — a setup that often favors downside continuation if support breaks.
Price action no longer shows strong bullish expansion, suggesting sellers may gradually be regaining control.
👉 Resistance rejection + weakening momentum = breakdown setup
If price accepts below the entry region, continuation toward the lower downside pockets becomes increasingly likely.
A reclaim above 6.22 invalidates the setup and shifts momentum back toward the bulls.
⚠️ Risk: Crypto markets move fast. Always protect positions with proper stop-loss management.
Trade $LAB Here 👇📉
