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$LAB is standing before a critical moment after a strong correction from the peak of $2.75. Currently, the price has shown signs of stabilization around the $1.44 zone and is fluctuating near $1.64, indicating buying pressure is beginning to return to prevent a deeper decline.
📈 Recovery scenario – can $LAB return to the $2.50 zone?
To confirm the upward trend, $LAB needs to break through important levels:
• $1.85: The nearest resistance zone. If broken, this will signal that selling pressure is weakening and buyers are gradually taking control.
• $2.10: An important psychological threshold. When the price can hold above this level, the bullish structure will be reinforced, opening the opportunity to move toward the $2.50+ zone.
👉 Current situation
Although it has undergone a correction, $LAB is still up more than +14% for the day – a sign that capital flow has not completely left. However, the price structure remains quite fragile.
• Key support: $1.40
If this zone continues to hold, the recovery scenario remains valid.
• Conversely, if broken, the price could retreat further to the $1.20 zone.
📊 Current strategy
The market usually moves in cycles: Growth → Correction → Recovery.
Currently, $LAB seems to be in an accumulation phase before deciding the next direction.
This is not the time for FOMO, but rather a period to observe carefully and wait for clear confirmation signals.
Patience and discipline are always the greatest advantages in trading.
Here is my UID 23124181, please liquidate me.