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$LAB (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 4.56 - 4.68
Targets:
TP1: 4.35
TP2: 4.10
TP3: 3.90
Stop Loss: 4.92
Why this Setup:
I see LAB still struggling to reclaim the 4.70-4.80 supply area, and the recent bounce is losing momentum into overhead resistance. I want a short on a failed retest of this zone, with downside likely to reopen toward the prior range lows if sellers stay in control.
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