$LAB Preparing to go short. This move feels like it has touched the ceiling—there’s clear sell pressure above, and sellers could potentially smash it back to the bottom at any moment.

You can watch the 0.2332 to 0.239 range to find an entry. For downside targets, first look at 0.223, then 0.213; the defense level is at 0.249.

But be mindful of the risk: before it drops, it may quickly wick up above 0.236 and sweep liquidity. Don’t go all-in—manage your position size based on your account and then play.