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For314

$LAB For 4 hours, there were no two 1-centimeter bullish candles; it kept falling.

LAB40.22%
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CompoundSnowball
· 07-17 18:14
This pattern is too weak—there isn’t even a decent rebound, and retail investors’ confidence has been worn out. If it keeps falling, it really could fall apart.
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L2Linker
· 07-17 17:30
From a technical perspective, on the 4-hour timeframe there hasn’t even been a decent bullish “big candle,” which suggests the bulls have no real intention to push the market up and that the bears have been continuously selling pressure. Once this kind of trend forms, it’s hard to reverse unless there’s a major positive catalyst; otherwise, it’s likely to keep grinding downward. Consider waiting and observing rather than rushing to bottom-fish.
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VWAPFollower
· 07-17 17:02
Indeed, this price action has worn people down so much that it’s driving their mindset crazy.
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