$LAB — Correction Before the Next Move?


After an explosive rally from sub-$1 levels to a peak near 24.4, $LAB is now going through a healthy correction phase.
📌 Price has lost short-term momentum and is currently trading below the MA7 while still holding above the MA25 on the daily chart.
📌 The 12-10 zone is the most important area to watch. This region aligns with previous consolidation and could act as strong support during the current pullback.
📌 As long as price holds above the 10-12 range, the broader bullish structure remains intact.
🎯 Key Levels:
• Support: 12.0 - 10.0
• Trend Invalidation: Daily close below 10
• Resistance: 15.0 - 17.0
If buyers step in around support and build volume again:
• First recovery zone: 15 - 17
• Major breakout zone: 20+
•Reclaiming previous highs becomes possible if momentum returns.
Right now this looks more like a cooling-off phase after a parabolic move rather than a trend reversal. The reaction around 12-10 will decide the next major direction.
#MyGateTradingMoment
LAB-14.96%
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DatDinh
· 14m ago
10-7-5 closing at 3.95
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BrownHair
· 1h ago
It can’t rally—there’s just no way. Unless the manipulators start throwing money at it to pull it up. Otherwise, there’s no way to watch it.
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