#LAB Through data analysis from Aice100, it can be seen that when $LAB price is around $11.23, the 24-hour price change is -39.53%.

In other words, the short-term trend continues downward, and the weak momentum is likely to persist.

However, it’s worth mentioning that currently 79% of the shorts are still in profit, so it’s not too late to wait for a rebound after they are closed.

If $10.8931 is not broken, the structure still has room to continue; only after surpassing $11.5107 will the space for upward movement open up.