#LAB Full trend of this round: Starting from the high of 18.452, distribution began. The first cliff-like drop fell to around 3.1, briefly consolidating to trap buyers, with significant funds entering at the bottom. Then the main force liquidated again, directly hitting the intraday low of 1.024.

All four-hour moving averages are widely diverging downward:

- MA5: 1.476, strong short-term resistance;
- MA10: 3.307, mid-term heavy trapped area;
MACD is in deep bearish territory, and downward momentum has not fully exhausted.

Resistance levels (rebound thresholds, near to far):

1. First resistance: 1.475 (5-day MA), primary selling pressure for short-term rebounds; a rally to this level is likely to see a pullback.
2. Second resistance: 2.2-2.5 range, previous consolidation zone with concentrated trapped positions.
3. Strong resistance: $3.3, cost area for a large number of bottom-fishing retail investors, difficult to break through in one go.

Support levels:

1. Immediate support: 1.024 (today's low). If this level breaks, a new round of gradual decline will begin.
2. No underlying support below: After the main force of the manipulative coin completes distribution, there is no fixed承接 level below, making prolonged gradual decline likely.