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🚨 $LAB BEARISH SETUP IN PLAY 📉🔥
$LAB is showing heavy bearish pressure after a massive distribution move from the highs.
Sellers are still in control, and price is trading below broken structure with no strong reclaim yet. That keeps downside pressure alive.
Liquidity was taken from the highs first.
Then came the aggressive sell-off.
Now supply is sitting overhead, making every bounce look weak until proven otherwise.
📌 Trade Setup:
Entry: 1.20 – 1.35
Targets: 1.00 / 0.80 / 0.60
Stop Loss: 1.55
As long as $LAB stays below the broken structure, bears remain in charge.
A weak bounce into the entry zone could act as a reload area for sellers. If price fails again, the next move may target 1.00 first, then 0.80, and possibly 0.60 if momentum expands.
Distribution done.
Structure broken.
Supply overhead.
Bears are pressing hard. ⚠️
Let’s trade smart. ✅