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$LAB (1h) - Short
Bias: Short
Entry (Zone): 9.00 - 9.45
Targets:
TP1: 8.80
TP2: 8.10
TP3: 7.00
Stop Loss: 9.95
Why this Setup:
I’m looking for a fade after the strong push into the 9.5 area, since price is extended and likely to retest the prior breakout zone if momentum stalls. I want a rejection from resistance to play the pullback toward the nearest support levels.