$LAB USDT BEARISH MOMENTUM REMAINS IN CONTROL, RELIEF BOUNCE SHORT SETUP
Short USDT
Entry: 9.00 – 9.25
SL: 9.55
TP1: 8.70
TP2: 8.50
TP3: 8.10
The chart continues to print a clear series of lower highs and lower lows, showing that sellers still control the market after the sharp breakdown from the 13+ region. Price is now consolidating just above the recent low around 8.51, creating a temporary base rather than a confirmed reversal. The 9.00 9.25 area is the nearest supply zone where sellers could step back in if price retests it. A rejection from that region would likely send price back toward the recent liquidity at 8.50, with scope for an extension toward 8.10 if support fails. A move above 9.55 would invalidate the current bearish structure and suggest stronger recovery momentum, making it an appropriate stop-loss level.
Short USDT
Entry: 9.00 – 9.25
SL: 9.55
TP1: 8.70
TP2: 8.50
TP3: 8.10
The chart continues to print a clear series of lower highs and lower lows, showing that sellers still control the market after the sharp breakdown from the 13+ region. Price is now consolidating just above the recent low around 8.51, creating a temporary base rather than a confirmed reversal. The 9.00 9.25 area is the nearest supply zone where sellers could step back in if price retests it. A rejection from that region would likely send price back toward the recent liquidity at 8.50, with scope for an extension toward 8.10 if support fails. A move above 9.55 would invalidate the current bearish structure and suggest stronger recovery momentum, making it an appropriate stop-loss level.