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$LAB For this kind of scam coin
LAB is currently in a sideways consolidation phase, with limited price fluctuations throughout the night. The current level can consider a light short position, and set a higher liquidation price to control risk. A more conservative strategy is to place a short order around $5, as there is a possibility that the main force may use a pin to clean out bottom shorts before a real decline.
From the market observation, the main funds are gradually offloading, combined with yesterday's news impact, the subsequent upward space is expected to be limited. Currently, the price continues to show a trap-up structure, so it is recommended to mainly short. The short-term target is around $3, with a medium- to long-term focus on the $1 level.