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$LAB $LABUSDT (1h) - Rejection Short
Bias: Short
Entry (Zone): 13.25 - 13.75
Targets:
TP1: 12.85
TP2: 12.30
TP3: 11.60
Stop Loss: 14.05
Why this Setup:
I see price stalling after a strong rally into a clear supply area, and the recent rebound has not reclaimed the prior impulse high with conviction. I want to fade this move if price loses momentum near resistance, looking for a rotation back into the lower support zones.