LAB Analysis


1. Chips are completely broken, and the market maker has finished distributing the supply
LAB belongs to a highly controlled market maker coin. Large-scale chip distribution has been completed at high levels, trapping many retail investors. Currently, there is no main force supporting the market, no incremental funds, and heavy trapped pressure above, with no sustainability in rebounds.

2. The technical trend has fully turned bearish, and rebounds are just trap plays
On the daily chart, continuous weak downward trend, MACD bearish momentum continues to expand, and each rebound lacks sufficient volume, with no logic for a reversal to strength.

3. Fundamentals have zero support, and the decline is purely driven by sentiment retreat
LAB has no landing ecosystem, no applications, and no ongoing capital empowerment. The previous rise was purely speculative. Currently, the sentiment for altcoins is retreating, the hype has passed, and the subsequent trend will mainly be downward with new lows. Do not bottom fish, only follow the trend to short.
Trading suggestion: gradually short in batches at 17-19, with targets $BTC around 12-10.
BTC-0.41%
LAB8.38%
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CoinMember
· 1h ago
But I see it keeps rebounding.
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