🔥 $LAB SHORT SETUP 🍎
📍 Entry Zone: $0.20696 – $0.21654
🎯 Targets: $0.20134 | $0.19824 | $0.19424
🛡️ Stop Loss: $0.22444
LAB is showing a sharp bearish breakdown on the 1H chart after failing to hold the $0.2170 resistance zone. The price has crashed through both the MA(7) and MA(25) with high selling volume, indicating strong downward momentum. While it is currently sitting just above the MA(99) support at $0.20214, the aggressive rejection from the daily highs suggests a retest of the $0.20131 local floor is imminent.
Are you shorting the immediate breakdown of the moving averages or waiting for a relief retest of the $0.2130 level to enter? 🍎


LABUSDT
Perp
0.21355
-2.10%