LAB's recent surge and pullback clearly reflect short-term investors' mindset.



Previously, it was slowly grinding between 4.6 and 4.9, moving like a snail, until suddenly a big bullish candle pushed it directly to a high of 5.3750, clearly the result of concentrated capital effort. But after the surge, it couldn't hold steady and was immediately hammered down, now hovering around 5.07, which is a typical stage of profit-taking after a rally and a change of hands.

The market logic is very clear: the resistance at 5.3-5.4 is solid, with no new incremental funds entering to take over, so short-term it can't push higher; support below at 4.9-5.0 is the launchpad for this rally. As long as it doesn't break below effectively, the bullish rhythm remains intact.

Honestly, for small coins like this that surge in one wave, the biggest risks are chasing the top and bottom-fishing at the halfway point. They are not strongly correlated with Bitcoin and are more driven by independent capital flows. Currently, with sideways trading at high levels, either wait for a dip back to around 4.9 for low buy-ins or wait for a volume breakout above the previous high before jumping in. Trying to trade within the oscillation range will only lead to being whipped back and forth.

Currently, trading volume is shrinking, selling pressure is weakening, but there's no strong buying support either, so it probably needs to grind for a while longer. In terms of trading, don't get carried away—these coins require quick entries and exits, no holding patterns. Hold the support level, and if it's broken, accept it. Don't hold large positions; otherwise, you risk turning unrealized gains into deep losses, which is not worth it. #BTC重返8万 $BTC
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