$LAB SHORT: RESISTANCE REJECTION WITH 3:1 R/R IN PLAY 🔥
Entry: $17.00 - $17.20 🔥
Target: $16.50 / $15.80 / $14.80 🚀
Stop Loss: $17.90 ⚠️
$LAB just kissed that resistance zone after a strong run higher — exactly where sellers have stepped in before. I’m watching the 4H candlestick close here; if it stays below $17.20 with volume, the path of least resistance is down. Three clear targets give room to scale out safely while maintaining a solid risk-reward.
Price action is stalling right where it should for a short to work. Are you pressing this with me or waiting for a confirmational break below $17?
Not financial advice. Always manage your risk.
#LAB #ShortSetup #Resistance #Crypto
🔥
Entry: $17.00 - $17.20 🔥
Target: $16.50 / $15.80 / $14.80 🚀
Stop Loss: $17.90 ⚠️
$LAB just kissed that resistance zone after a strong run higher — exactly where sellers have stepped in before. I’m watching the 4H candlestick close here; if it stays below $17.20 with volume, the path of least resistance is down. Three clear targets give room to scale out safely while maintaining a solid risk-reward.
Price action is stalling right where it should for a short to work. Are you pressing this with me or waiting for a confirmational break below $17?
Not financial advice. Always manage your risk.
#LAB #ShortSetup #Resistance #Crypto
🔥