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$LAB Under Selling Pressure After Long Liquidation
A $10.011K long liquidation at $0.17638 signals that leveraged long positions were forced to close as the price moved lower. The size of this liquidation suggests heightened volatility, which can create opportunities once the market establishes a clear support level. Wait for confirmation before entering a trade.
Trade Setup
Entry Zone: $0.1740–$0.1770
Target 1: $0.1810
Target 2: $0.1870
Target 3: $0.1940
Stop Loss: $0.1700
Stay disciplined, protect your capital, and let price action confirm the next move before taking a position.
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