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$LAB – Seller dominance persists with downside continuation favored below resistance
Trade Setup: Short $LAB
• Entry Zone: 11.35 – 11.55
• Target 1: 11.00
• Target 2: 10.70
• Target 3: 10.30
• Stop Loss: 11.90
Price action is trading near its daily low following a sharp rejection from higher levels, confirming sellers remain firmly in control. Provided price stays below the 12.00 resistance area, the probability favors continued downside toward lower support thresholds. Risk parameters are defined above the supply zone at 11.90.
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