$LAB 1H Setup Still Favors Sellers Below Key Resistance
LIMIT ORDER
$LAB SHORT SELL
ENTRY: 8.83–9.18
TP1: 7.50
TP2: 6.58
SL: Above the most recent swing high
Market Outlook (1H)
$LAB remains in a bearish short-term structure with sellers in control while price trades below the 8.83 resistance area. The preferred short entry is on a retest of the 8.83–9.18 supply zone with confirmation from a bearish engulfing candle or rejection wick. Downside targets are 7.50 and 6.58 if selling pressure continues.
LIMIT ORDER
$LAB SHORT SELL
ENTRY: 8.83–9.18
TP1: 7.50
TP2: 6.58
SL: Above the most recent swing high
Market Outlook (1H)
$LAB remains in a bearish short-term structure with sellers in control while price trades below the 8.83 resistance area. The preferred short entry is on a retest of the 8.83–9.18 supply zone with confirmation from a bearish engulfing candle or rejection wick. Downside targets are 7.50 and 6.58 if selling pressure continues.