
$XLAB is testing a supply zone that previously rejected price with force.
Trading Plan Short $XLAB
Entry: 0.000000343 – 0.000000344
SL: 0.000000352
TP1: 0.000000330
TP2: 0.000000315
TP3: 0.000000295
The recent advance has brought the market directly into a region where sellers previously initiated a sharp decline. Overhead liquidity is heavy, and momentum is showing signs of fatigue. A rejection from this level would likely send price toward the next support levels beneath the recent swing lows.
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