$LAB – Resistance Stall Short Setup 📉
Trade Setup: SHORT (Max 10x)
Entry Zone: 0.730 – 0.760
Stop Loss: 0.810
Targets:
TP1: 0.675
TP2: 0.620
TP3: 0.565
$LAB has made a strong upward push into a key resistance zone, but the momentum is now starting to fade. Price action near the highs is becoming less convincing, with weaker continuation on each attempt to move higher.
This kind of behavior often signals buyer exhaustion—where early buyers begin taking profits while new buyers hesitate to step in at elevated levels. As a result, the market loses strength and becomes vulnerable to a pullback.
If the resistance zone continues to hold, this setup favors a short position, targeting a move back toward lower support levels as sellers gradually take control.
LABUSDT
Perp
0.6267
-16.00%