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$LAB — Liquidity sweep creates a key retest zone.
Long $LAB
Entry: 15.20 – 15.70
SL: 14.60
TP1: 16.30
TP2: 17.20
TP3: 18.50
A fresh $2.75K long liquidation just hit LAB at $15.6263, forcing leveraged bulls out of the market and triggering a short-term liquidity sweep. While the liquidation size is moderate, it highlights increased volatility and signals that excess leverage is being cleared from the market.
Price is now testing an important support region where buyers may begin defending the broader trend. Liquidation-driven pullbacks often remove weak hands and create healthier conditions for a potential continuation move once selling pressure starts to fade.
If LAB holds the 15.20–15.70 support zone and reclaims 16.30 resistance, momentum could quickly shift back toward the bulls. With leverage reset and downside pressure beginning to stabilize, the setup remains favorable for a rebound toward higher targets as confidence gradually returns to the market.