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๐จ Huge Dumping in price from $LAB , No sign of stopping, giving us clear bearish conformation. ๐จ
$LAB /USDT Breakdown Retest Swing
4H Chart | Shorts in Play
Entry Zone: 13.50 - 13.65
TP1: 11.80
TP2: 8.50
TP3: 3.70
SL: 17.35
LAB crashed through major support on the 4H and is now retesting the breakdown zone around 13.58. The setup here is clean: lower highs, sellers stepping in at resistance, and a Risk/Reward ratio of 2.64+ on the table. RSI showing oversold conditions early in the move, which typically attracts continuation shorts into fresh lows. Volume spike on the initial dump validates the directional bias.
Price is holding above the retest levelโwatch for a close below 13.45 to confirm shorts into TP1. The 13.80-17.35 zone is dead resistance; any bounce into that area is a short opportunity. First target is 11.80 (former support-turned-resistance). Bigger move down if we break and hold sub-12.
Short here ๐$LAB ๐
#Labs #blood #bearishmomentum
$LAB /USDT Breakdown Retest Swing
4H Chart | Shorts in Play
Entry Zone: 13.50 - 13.65
TP1: 11.80
TP2: 8.50
TP3: 3.70
SL: 17.35
LAB crashed through major support on the 4H and is now retesting the breakdown zone around 13.58. The setup here is clean: lower highs, sellers stepping in at resistance, and a Risk/Reward ratio of 2.64+ on the table. RSI showing oversold conditions early in the move, which typically attracts continuation shorts into fresh lows. Volume spike on the initial dump validates the directional bias.
Price is holding above the retest levelโwatch for a close below 13.45 to confirm shorts into TP1. The 13.80-17.35 zone is dead resistance; any bounce into that area is a short opportunity. First target is 11.80 (former support-turned-resistance). Bigger move down if we break and hold sub-12.
Short here ๐$LAB ๐
#Labs #blood #bearishmomentum
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