Don’t chase the breakout candle… $LAB already made a powerful expansion move and is now reacting from a major resistance zone after a nearly vertical rally. ⚠️

Entry: 15.80 – 16.20

SL: 16.85

TP1: 14.90

TP2: 14.20

TP3: 13.40

Price surged from the 12.40 area to 16.46 with very little consolidation, printing multiple strong bullish candles in succession. That kind of move often attracts late buyers right before momentum starts cooling.

The rejection from 16.46 followed by consecutive red candles suggests profit-taking is beginning near resistance. While the overall trend remains strong, the structure looks stretched in the short term.

After such an aggressive rally, a pullback toward previous support zones would be a normal market reaction before any potential continuation higher. 📉🔥$SYN $O