$LAB /USDT Short Trade Setup
$LAB has faced a strong rejection from the recent highs, with a large bearish engulfing candle on the 1H timeframe. This sharp sell-off suggests profit-taking has started, and further downside is possible if sellers maintain control.
Entry: $10.00 - $10.10
TP1: $9.70
TP2: $9.30
TP3: $8.90
Stop Loss: $10.55
The rejection from the resistance zone and strong bearish momentum favor a continuation to the downside. Wait for confirmation below the current support before adding to the position, and always use proper risk management when trading with leverage.
Buy and Trade $LAB
$LAB has faced a strong rejection from the recent highs, with a large bearish engulfing candle on the 1H timeframe. This sharp sell-off suggests profit-taking has started, and further downside is possible if sellers maintain control.
Entry: $10.00 - $10.10
TP1: $9.70
TP2: $9.30
TP3: $8.90
Stop Loss: $10.55
The rejection from the resistance zone and strong bearish momentum favor a continuation to the downside. Wait for confirmation below the current support before adding to the position, and always use proper risk management when trading with leverage.
Buy and Trade $LAB