$LAB Soaring strongly 🚀! Next is it a direct push to $4, or a top-high dump?

Brothers, LAB has started violently pumping again!

Current price is 2.764, ranking #1 on the gainers list. It directly pumped from around 1.6 to nearly the previous high. The candlestick chart looks extremely fierce—several consecutive big green candles have pushed it so far that even the bears feel like they have to brace themselves and climb up to the rooftop.

Now the data shows that most long positions’ average entry price is around 1.68, and the profits are already very substantial. At any time, there could be concentrated profit-taking leading to selling. From the chart, around 2.7 is an important resistance level. If you impulsively chase longs now, the risk is very high.

Trading suggestion: If LAB can effectively hold at 2.8-2.9 and increase in volume, it may continue to challenge the 3.5-4.0 area; but once you see a volume surge with a long upper wick or a break below the 2.5 support, the pullback could be very strong (possibly quickly retesting 2.0-1.5). It all depends on how it moves next—whether it just follows through or something else.

If you want to get real-time ideas on the spot, come to 👉 the comment section and leave a message—I will notify you of my next trading plan (including specific entry points, stop-loss and take-profit, and the add-on range).

#Gate广场五月交易分享