
Postare
$LAB – Key support lost with sellers taking control as parabolic phase concludes
Trade Setup: Short $LAB
• Entry Zone: 7.00 – 7.15
• Target 1: 6.50
• Target 2: 5.90
• Stop Loss: 7.55
Price action has broken below a key support area following a strong rally, with sellers now asserting control. Should buyers fail to reclaim the 7.20 zone quickly, a deeper correction toward lower support levels remains the probable scenario. The parabolic move has concluded, and failure to recapture higher ground may trigger a deeper flush. Risk parameters are defined above the supply zone at 7.55.
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