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The high level that was being closely watched faced pressure; today we got the answer.
This round of $LAB isn’t suddenly weak—it started to sour a while ago. The rebounds look exciting, but in reality, every time it pushes up, nobody is picking it up. The market’s signals are very direct.
I opened a short around 4.25647. Back then, many people still thought it was just a normal pullback, but the key is right here: if it should be strong yet isn’t, then it’s weak. The price is now down to 0.82773. This short position is already up +1586.04%. After the range opened up, the trend has extended clearly.
This kind of market is most afraid of being fooled by a superficial bounce and chased into a trade—especially when it keeps failing to break through above. The more urgently people chase longs, the easier it is to get trapped passively. My approach is simple: positions are set, signals are confirmed, then execute. Don’t repeatedly doubt it midway.
Profits have already been realized. If you have positions, you can do it in an 80/20 split first, with the protection level moving down along with price, so that a good trade doesn’t turn into an emotional one. If you miss it, you miss it—don’t chase. Wait for a more comfortable level to move.
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