SHORT SETUP $LAB
looks weak after the sharp rejection from the local top and failed recovery near resistance. Current bounce looks like a relief move into supply, not a strong trend reversal yet.
Trade Idea
* Entry Zone: 4.2 – 4.44
* Stop Loss: 4.48
* Targets: 25% or 3.9or 4.0
5-10x leveage max
Why Short?
* Strong rejection from the upper resistance area around 4.55 – 4.60.
* Price dumped aggressively with high sell volume, showing sellers are still dominant.
* Current green candles look like a retest/recovery bounce after panic selling.
* EMA lines are still bearish and acting as dynamic resistance.
* If price fails to reclaim 4.48, downside continuation is likely.
Confirmation Before Entry
Prefer entering only if:
* Price taps 4.2 – 4.44 and shows rejection wick/candle weakness.
* Volume decreases on the bounce.
* No strong breakout candle above 4.48.
Risk Management
* Keep risk small because volatility is high after the liquidation move.
* Once TP1 hits, move SL to entry.
* Avoid overleveraging during recovery candles.
