LABUSDT is currently testing a critical area.



Fibonacci from the high of 4,606 to the low of 4,246 places the price right at the 0.786 zone (4,323), which has historically often been a decision point: whether the price will bounce back to 0.618–0.500, or continue the downward pressure.

Interestingly, the price briefly spiked to 4,180 before rising back to 4,336. This can be read as a market liquidity sweep "catching" stop losses below the 1,000 level before a reversal.

The confirmation I am waiting for: a 15-minute candle close above 4,382 (the 0.618 level) with increasing volume. If that happens, the next target area is 4,426–4,468.

If it fails, 4,180 will be tested again.
Not financial advice. DYOR.

#GateSquareMayTradingShare
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