SHORTING $LAB AS STRUCTURE BREAKS BELOW DEMAND ZONE ๐ฏ
Entry: 17.00 - 17.20 ๐ฅ
Target: 16.50 ๐
Stop Loss: 17.90 โ ๏ธ
This range has been tested three times intraday and each test shows lower highs on the 15M chart. A break below 16.80 would confirm the shift in market structure towards the downside. Open interest is declining while short positions are increasing, suggesting institutional preparation for a move lower.
Are you watching for a sweep of 16.80 before entering, or are you already short here?
Not financial advice. Always manage your risk.
#LAB #ShortSetup #BreakOfStructure #Crypto
๐ฏ
Entry: 17.00 - 17.20 ๐ฅ
Target: 16.50 ๐
Stop Loss: 17.90 โ ๏ธ
This range has been tested three times intraday and each test shows lower highs on the 15M chart. A break below 16.80 would confirm the shift in market structure towards the downside. Open interest is declining while short positions are increasing, suggesting institutional preparation for a move lower.
Are you watching for a sweep of 16.80 before entering, or are you already short here?
Not financial advice. Always manage your risk.
#LAB #ShortSetup #BreakOfStructure #Crypto
๐ฏ
