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$LAB (1h) - Short Rejection
Bias: Short
Entry (Zone): 13.00 - 13.35
Targets:
TP1: 12.20
TP2: 11.00
TP3: 9.70
Stop Loss: 14.55
Why this Setup:
I’m looking for a short after the strong impulse into resistance starts to lose momentum. Price is stalling around the 13 area, and I want to fade any failed breakout back into the prior support zones below.