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$LAB is Losing Momentum Below Key Resistance 🥵
Short $LAB
Entry: 4.8 – 4.9
SL: 5.25
TP1: 4.55
TP2: 4.38
TP3: 4.20
TP4: 3.98
Why:
LAB is showing weakness after repeated rejection near the 5.44 resistance zone. Price has dropped below MA7 and is struggling to hold above MA25 support, while RSI has fallen near oversold territory, reflecting fading bullish momentum. MACD is also turning bearish with weakening histogram strength, suggesting sellers are gaining control. Volume spikes on red candles further increase the probability of a continuation toward lower support levels.
📩 DM me to know how to join my premium group for high quality trade setups
Trade $LAB here 👇
{future}(LABUSDT)