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Many people were still waiting for $LAB to retrace, but the chart directly gave the answer. The short position taken from 4.25647 to now 1.40339 has already shown a return of +1317.58%. This profitable drop isn’t luck—the key is that those high-level fake breakouts were just too obvious.
At the time, what I was watching wasn’t how much it was falling. It was that every time it surged upward, it got pushed back again; buy orders couldn’t hold, and the rally had no staying power. In plain terms, the rhythm changed. People who were hesitating were still waiting for confirmation, but the price had already moved first.
Now the position feels comfortable, but the more it’s like this, the more you need to stay calm. The profit is already in—process it in batches with an 80/20 split, and lock the remaining position using the protective level. Don’t let an abrupt counter-rally take back the gains you’ve already got.
For $LAB on the short-term timeframe: if it continues to put in only a weak rebound, the bearish structure hasn’t ended yet. If it suddenly stands back up on increased volume, I’ll first respect what the chart shows. Don’t force a chase if you missed it—wait for the next opportunity, and move again only at a more comfortable position.
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