$LAB Rapid rise then sharp decline, significantly weakening, mainly bearish📉


$LAB A classic market pattern: slight gains over consecutive days, unable to withstand a quick correction.
The market experiences a sharp decline, with very rapid downward momentum, clearly showing signs of project teams offloading and exiting. These types of tokens are highly concentrated in chips and have strong control attributes, making their risk levels inherently high.
A large number of tokens have already been transferred from internal addresses to exchanges, with very clear signals of dumping and exiting. The downside risk still exists, so do not blindly hold onto hopes of bottom fishing.
Currently, the trend is weak, suitable for trend-following positioning. Consider trying short positions around 3.32, patiently waiting for the subsequent correction space to be realized💥
For fans who want to sync with the point level rhythm and catch wave opportunities, just private message me in the backend~
#Gate广场五月交易分享 #CLARITY法案参议院通关
LAB-28.44%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-1c61535a
· 8h ago
It's done when it's empty.
View OriginalReply0
  • Pinned