$LAB Range Breakout Retest Setup

Trade Setup: Long

Entry Zone: 12.60 – 13.20

TP1: 14.80

TP2: 16.50

TP3: 18.80

SL: 11.40

Price is trading above the 200 EMA (11.69), indicating buyers remain in control despite recent volatility. After reclaiming the EMA and breaking out from the 9–10 accumulation zone, LAB has established support around 12.5–13.0 and is consolidating above it.

The strong impulse move from below 9.00 followed by sideways price action suggests accumulation rather than distribution. As long as price holds above the EMA and 12.50 support, the bullish structure remains intact.

A breakout above 14.00 could open the path toward 16.50 and 18.80, while a loss of 11.40 would invalidate the setup

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