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$LAB showing exhaustion at highs — breakdown setup forming 📉
🔴 SHORT $LAB
Trade Setup:
Entry Range: 3.225 – 3.33
SL: 3.40
TP1: 3.00
TP2: 2.75
TP3: 2.40
Price pushed into a key resistance zone after an extended move and momentum is starting to stall. Structure looks stretched with signs of exhaustion and a potential lower high forming, suggesting sellers are stepping in. If price accepts below the entry zone, continuation toward lower demand zones becomes likely. Reclaim 3.40 and the setup fails — I’m out.
⚠️ Risk: Crypto moves fast. Always protect with a stop loss.