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$LAB (1h) - Pullback Short
Bias: Short
Entry (Zone): 18.30 - 18.75
Targets:
TP1: 17.10
TP2: 16.20
TP3: 14.90
Stop Loss: 19.25
Why this Setup:
I see price stalling after a strong impulsive move into resistance, and I want to fade the first weakness if momentum continues to cool. I’m looking for a pullback toward support after this extended run, with room for a move back into the prior breakout area if sellers take control.