$LAB update 👀

$LAB showing first signs of exhaustion after an aggressive expansion move
The rally was extremely strong, but now the important part is how price reacts around the MA7 support zone.
So far, every push higher respected short-term momentum support. But the latest rejection near 1.98 followed by heavier sell candles suggests momentum is cooling down for the first time since the breakout started.
Right now, MA7 is the key line controlling the trend.
As long as price holds this area, the structure still favors continuation and possible another attempt toward the highs.
But if $LAB starts losing MA7 support cleanly, the market likely shifts into a deeper reset phase instead of simple sideways consolidation.
📊 Key downside zones if weakness continues:
👉 1.60 → first major support
👉 1.40 → stronger demand zone / structure reset area
That wouldn’t necessarily mean trend reversal.
After parabolic moves, markets usually need:
> expansion → exhaustion → reset → rebuild
And this looks like the beginning of that reset phase.
Momentum indicators are still elevated, but RSI is already cooling while MACD expansion is slowing. That combination usually appears before volatility compression or pullbacks.
Right now this is less about chasing… and more about whether buyers can defend short-term structure.
Hold MA7 → trend survives
Lose it → deeper cooldown likely begins 👀