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$LAB (1h) - Relief Bounce Long
Bias: Long
Entry (Zone): 11.90 - 12.25
Targets:
TP1: 12.90
TP2: 13.70
TP3: 14.60
Stop Loss: 11.05
Why this Setup:
I’m looking for a rebound after the sharp pullback, with price holding above the recent washout low and trying to reclaim the 12.00 area. If buyers can keep this base intact, I expect a move back toward the prior breakdown levels and a continuation into the next resistance bands.