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$LAB is showing short-term bearish pressure after failing to hold above the 5.00 resistance zone on the 30m chart.
Price is slowly losing momentum with sellers taking control near local highs.
EP
4.76 - 4.82
TP
TP1 4.65
TP2 4.52
TP3 4.38
SL
4.96
The recovery from 4.31 support was strong at first, but buyers are now struggling to continue the move higher.
Recent candles are showing weaker momentum and repeated rejection near resistance levels.
If LAB drops below 4.75, another downside move toward lower support zones could happen quickly.
Short-term trend remains bearish unless buyers reclaim the 5.00 area with strong volume.
$LAB
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