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$LAB 16.62, pulled from 8.42 to 17.99 in 24h, I manually operated the doubling play. First broke through 8.5 to sweep stop-losses, absorbed 4 million USDT in chips in one hour, then set orders to push through 16.3 triggering short squeeze, volume directly hit 1.6 billion in turnover. Now distributing at high-level oscillation, 16.0 is the support line, if broken I'll take profits.
Don't chase, that 17.99 wick is a script for retail. I suggest going long lightly around 16.2, stop-loss at 15.8, target 17.5. Position size no more than 30%, this shakeout isn't over yet.
The chart doesn't lie.