$LAB Showing signs of initial fatigue after an aggressive expansion move

The rally is very strong, but the key part now is how the price reacts around the MA7 support zone.
So far, every upward push has respected the short-term momentum support. But the last rejection near 1.98 followed by heavier selling candles indicates that momentum is cooling for the first time since the breakout began.
Currently, MA7 is the key line controlling the trend.
As long as the price stays in this area, the structure still supports continuation and the possibility of another attempt toward the peak.
But if $LAB begins to lose MA7 support cleanly, the market is likely shifting into a deeper reset phase than just sideways consolidation.
📊 Major decline zone if weakness continues:
👉 1.60 → first major support
👉 1.40 → stronger demand zone / structure reset area
This does not always mean a trend reversal.
After a parabolic move, markets usually need:
> expansion → fatigue → reset → rebuild
And this looks like the beginning of that reset phase.
Momentum indicators are still high, but RSI is cooling while MACD expansion is slowing.
This combination usually appears before volatility compression or a correction.
Right now, it’s more about whether buyers can maintain the short-term structure.
Hold MA7 → trend persists
Break → potential deeper cooldown 👀