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#LAB $LAB The 15m drop is a bit aggressive. Current price $10.345, 24h -39.22%.
This level is quite critical. The 15m directly broke downward, and weakness is still spreading.
But don't forget, currently 44% of people are shorting, 56% are longing. Funding rate -1.627%, shorts are still paying. Don't rush to buy the dip before the weakness ends.
In the chart, look at the structure and the candlesticks, don't just look at a single rise or fall.
Look at whether $10.6036 can be broken above, and $10.0347 below is a key reference.