🔴 SHORT $LAB

Looking for a downside on $LAB .

The sell zone is between 0.166 and 0.1701. A massive 1H wick rejection really suggests a 'trap'. I'm expecting this overextended pump to fade back to support.

Watch out though: there's strong 1H uptrend momentum that might force a re-test of the 0.1714 high. Always be sure to manage your risk, fam. Use a size that fits your account.

Entry: 0.166-0.1701
SL: 0.177
TP1: 0.159
TP2: 0.152

Keep an eye on $CROSS and $KAITO for potential downside too. #trading #LAB #crypto