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#GateSquareMayTradingShare $LAB Stabilization: Consolidation After Application Launch Volatility
The current price is traded at 1.7678, stable after a major volatility period that saw a +500% surge to a record high of $3.83 on May 2. After a sharp correction of -65% driven by profit-taking from within and overly extended technicals, $LAB is now forming a "higher base" as the market absorbs the impact of the new mobile trading app launch.
Long $LAB (Accumulation / Rebound Play)
Entry: 1.62 – 1.78
SL: 1.34 (Main Demand Zone)
TP1: 2.15
TP2: 2.65
TP3: 3.40
Market Analysis
$LAB is currently a momentum play with high confidence, with 24-hour trading volume exceeding $138M and circulating supply around 230 million tokens. On the 1-hour timeframe, the chart shows a shift from "panic selling" to "active accumulation." The price has successfully maintained support at 1.35–1.40, aligning with the early April rally breakout point.
Technically, the multi-chain AI trading infrastructure $LAB remains the main value driver, especially with the latest Mode Boost integration for automated execution. As long as the price stays above the kro $0.80.
Trading $LAB here 👇
#GateSquareMayTradingShare