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$LAB (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 15.05 - 15.35
Targets:
TP1: 14.72
TP2: 14.10
TP3: 13.50
Stop Loss: 16.00
Why this Setup:
I’m seeing repeated rejection from the 15.3-15.7 area after a failed push back into the upper range. The structure is still leaning lower with weaker bounces, so I prefer a short on any move that loses momentum near resistance and rotates back into the prior demand pockets below.