$LAB IS SHOWING BUYER EXHAUSTION â TIME TO SHORT? đ»
Entry: $16.20 - $16.40 đ„
Target: $15.70 đ
Stop Loss: $16.90 â ïž
$LAB just kissed resistance after a massive rally and the bids are thinning out. Volume is dropping on each attempt to break higher while the 4H RSI is curling down from overbought â classic exhaustion signature. As long as price stays below $16.90, the path of least resistance is lower.
The first target sits at $15.70 with room to run if sellers step in hard. Are you shorting this rejection or waiting for a retest?
Not financial advice. Always manage your risk.
#LAB #ShortSetup #BearishReversal #Crypto
đ„
Entry: $16.20 - $16.40 đ„
Target: $15.70 đ
Stop Loss: $16.90 â ïž
$LAB just kissed resistance after a massive rally and the bids are thinning out. Volume is dropping on each attempt to break higher while the 4H RSI is curling down from overbought â classic exhaustion signature. As long as price stays below $16.90, the path of least resistance is lower.
The first target sits at $15.70 with room to run if sellers step in hard. Are you shorting this rejection or waiting for a retest?
Not financial advice. Always manage your risk.
#LAB #ShortSetup #BearishReversal #Crypto
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