1. $LAB market makers use a high-low reversal pin insertion method: at low levels they suppress the order book to absorb liquidity, while at high levels they wash out traders to liquidate contracts, harvesting retail investors in both directions.

2. 4.5 is a key support level. It has been tested multiple times recently without breaking, and the early-morning rally is a probing move—overall, the upward trend has not ended.
3. 5.5 above is a short-term resistance level. Once it breaks, it will push toward the 7-8 range, and the market makers use this to liquidate large accounts’ positions.
4. If you haven’t set up long positions at low levels, you can directly place short orders in the 7-8 high range to bet on a reversal.