$LAB is moving into a key resistance zone and the upside momentum may be running out.

Short Trade Setup

Entry: 4.14 – 4.36

Stop Loss: 4.95

Targets:

• 3.95

• 3.65

• 3.35

The recent rally is starting to look stretched, with momentum slowing as price pushes further into a heavy supply area. Buyers don’t seem as strong near the highs, while sellers are beginning to step in overhead.

If this resistance continues to hold a rejection from here could trigger a larger move to the downside.

Trade $LAB here 👇

LABBSC
LABUSDT
4.5128
+3.37%