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capitulationzone
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$LAB CAPITULATION ZONE CONFIRMED โ BEARS TARGET SUB-$0.50 BREAKDOWN ๐
Entry: 0.54 - 0.58 ๐ฅ
Target: 0.50 ๐
Stop Loss: 0.65 โ ๏ธ
LAB has fallen 36% and is now trading below the $0.65 resistance that previously held as support. The daily structure shows a clear break of market structure to the downside, and the last hope for bulls lies at $0.50.
Beneath the surface, order flow reveals aggressive sellers absorbing every bounce, and the RSI has dipped below 30 โ a capitulation zone that often precedes a sharp continuation. With no signs of accumulation, the path of least resistance remains lower.
Are you shorting this breakdown or waiting for a retest of the entry zone?
Not financial advice. Always manage your risk.
#LAB #ShortSetup #CapitulationZone #BearishMomentum #Crypto
๐ฅ
Entry: 0.54 - 0.58 ๐ฅ
Target: 0.50 ๐
Stop Loss: 0.65 โ ๏ธ
LAB has fallen 36% and is now trading below the $0.65 resistance that previously held as support. The daily structure shows a clear break of market structure to the downside, and the last hope for bulls lies at $0.50.
Beneath the surface, order flow reveals aggressive sellers absorbing every bounce, and the RSI has dipped below 30 โ a capitulation zone that often precedes a sharp continuation. With no signs of accumulation, the path of least resistance remains lower.
Are you shorting this breakdown or waiting for a retest of the entry zone?
Not financial advice. Always manage your risk.
#LAB #ShortSetup #CapitulationZone #BearishMomentum #Crypto
๐ฅ
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