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💰 $LAB – Range High Rejection, Short Setup Building 📉
🔽 SHORT
✳️ ENTRY : 0.6850 - 0.7050 - 0.7250
🎯 TARGETS: 0.67200, 0.66180, 0.64540, 0.6200, 0.5940, 0.54300, 0.4500
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.7400
$LAB is trading near range highs (~0.74 zone rejection) and struggling to break above
Multiple attempts to push higher → but no strong breakout follow-through
Price currently in distribution phase, forming equal highs with weak continuation
RSI already in overbought zone (80+) → limited upside unless breakout
MACD showing momentum, but flattening → exhaustion signs starting
Key rejection zone = 0.70 - 0.74
As long as price stays below → downside toward mid-range 0.55 → 0.45 becomes likely
Structure suggests range play, not trend breakout
This is not a fresh breakout…
This is liquidity grab before potential drop 🎯