That drop just now is crucial—$LAB isn’t just a simple pullback. After the long side at the prior high was repeatedly worn down, it finally couldn’t hold on anymore.

Before the signal came out, I’d already been observing the changes: after pushing up near 4.25647, it kept failing to stand firm for a long time. The order book gave the feeling that someone was continuously distributing from above. Later, when the price was pushed down to 0.21925, the short position’s profit reached +1867.55%, and the room for volatility opened up more decisively than I’d expected.

Most interestingly, when many people saw the first dip, they still wanted to buy longs. But the rebound had no strength—then the second push down directly broke the rhythm. Something is off here; you can’t just force your way through with the previous strong mindset.

For this trade, I’ll first handle most of the profits, and keep a smaller portion to see whether the move extends further. I’ll keep the protective level in place so profits don’t retrace too much—so there isn’t too big of a give-back. If you didn’t get in, don’t chase. Don’t follow this trade; wait for the next opportunity, and wait for a more comfortable position.

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