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$LAB (1h) - Range Reversal Long
Bias: Long
Entry (Zone): 10.20 - 10.40
Targets:
TP1: 10.85
TP2: 11.25
TP3: 11.80
Stop Loss: 9.50
Why this Setup:
I’m looking for a bounce from the current consolidation after the sharp selloff and the strong rebound off the prior base. I want to buy the dip near support and ride a move back into the mid-range resistance area, where price has already reacted before.