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$LAB Unlocking is coming soon on $LAB , nearly one and a half million (meaning 0.15% of the 😱 supply), and this is a significant pressure on the price.📈
The most likely scenario: many positions have been liquidated now, and the trend will reverse to a gradual decline. Strong selling pressure will begin, and there is a high possibility of a very sharp drop.
· But you must place orders to trim your position between 19.0 and 19.5: because with “no buy orders,” once the market maker thinks “the contract ‘kale’ have been harvested enough,” he’ll instantly flip and dump the price. The limit order you leave there is your only chance to escape at a higher price before a sudden crash.
· Move your stop-loss up to 17.8: because with the sell-side vacuum, there are also very few buy orders below. Once it breaks below 17.8, everything down to 15 is a “cliff,” with no support. If it breaks below 17.8, don’t hesitate—run at market price, even if it slips, just get out!