$LAB Corrective Phase: Testing Lower Liquidity.



Price is currently trading near 2.0118, undergoing a significant retracement after an explosive daily gain of +95.21%. After hitting a local peak at 2.7578, the chart is printing "Lower Highs" and "Lower Lows," indicating that the initial momentum has cooled and profit-taking is dominant. If the price fails to hold the 1.86 support base, we expect a deeper move toward the 1.50 range.

Short $LAB (Mean Reversion Play)

Entry: 2.01 – 2.15

SL: 2.35

TP1: 1.75
TP2: 1.55
TP3: 1.30

Market Analysis

$LAB has been the highlight of the DeFi sector today with a massive turnover of $260.00M. On the 15m timeframe, we are seeing a bearish "Head and Shoulders" type structure, with the price now trading below the immediate EMA clusters. The aggressive rejection from 2.75 suggests that substantial sell orders are sitting at the top, and the current volume is starting to fade.

While the daily trend is still technically green, the short-term structure is bearish until a "Higher High" is established above 2.40. Traders should watch the 1.86 level closely; a break below this yesterday's accumulation zone could lead to a rapid flush. As long as the price stays below 2.20, the bearish scalp thesis remains active.

Trade $LAB here 👇
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LAB
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MC:$3.35KHolders:1
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NexaCrypto
LAB
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· 6h ago
LFG 🔥
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VoQuynh
LAB
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· 6h ago
win win winwwwwwwwwwqwwwwwwwwwwwwwwwwwluckyluckyyyyyyyyyyyyyyyyyyyyyyyyyyyy
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