If you’re shorting in the lab, don’t get carried away. The move from 14 to 24 is where it collapses. Setting take profit at 9.3 is meant to fill the gap for the short to be covered, but in reality the market maker dumped and smashed it down to 5. Technical analysis has limited impact on these meme coins. Suppose I had been heavily positioned with 1x short back then—I probably still wouldn’t have been able to hold. So I think whether I could take profit depends a little more on luck.

LAB-17.04%
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