Massive resistance hits $LAB as sellers cluster near local highs to cap recent gains.

$LAB — SHORT

Trade Plan:
Entry: 18.5190 – 19.1500
SL: 19.8500
TP1: 17.7926
TP2: 16.8057
TP3: 16.3098

Why this setup?
chart shows strong overhead supply with Ask volume dominating the order book at 65.93%.
Price aggressively rejected the 19.7880 level, signaling a potential distribution phase.
4H Bias registers a 74% short confidence as buying momentum faces exhaustion on the 1H timeframe.

Debate:
Can bulls clear 19.7880 resistance, or is a drop to 16.3098 imminent?

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