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$LAB Collapsed?! This 2 billion dollar market cap is all bubbles!
Just lost 400k dollars, yet caused a 20-point spike! You should know that this market still has nearly 2 billion dollars in market cap, a 20% fluctuation should be around 400 million, but the contract liquidation was only a few hundred thousand, indicating that 99.9% of this 2 billion is bubbles, nobody is taking the other side!
For this kind of purely manipulated coin, when funds withdraw, it’s a waterfall. The rebound after the spike is just another chance given to the bears; continue shorting, and it’s over!
Trading plan: Short
Entry: 4.09– 4.26
Stop loss: 4.40
Target price: 3.80 → 3.50
Trade here $LAB 👇