$LAB — rejection from range high, sellers defending.
Short LAB
Entry: 0.1625 – 0.1665
SL: 0.1725
TP1: 0.1570
TP2: 0.1520
TP3: 0.1460
$LAB pushed into the upper range near 0.171 and failed to hold. Since the rejection, price has been compressing with weak follow-through on bounces. Momentum is fading and structure remains corrective below resistance. As long as price stays capped under the range high, downside continuation is favored.
Trade $LAB here.
