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$LAB
A long liquidation on LAB indicates bullish positions were forced to close, adding significant short-term selling pressure. The $10.21K liquidation is relatively large and suggests increased volatility, making the current support zone critical for determining the next move.
EP
$0.1640 – $0.1670
TP
TP1: $0.1720
TP2: $0.1780
TP3: $0.1860
SL
$0.1600
Support: $0.1630 – $0.1640
Resistance: $0.1720 – $0.1780
Next Target: $0.1860 if LAB reclaims $0.1720 with strong buying volume. A failure to defend support could lead to another liquidity sweep before a meaningful recovery develops.
Price is testing a key demand zone after the liquidation event. Watch for buyers to step in with rising volume, as a confirmed breakout above resistance could trigger a stronger recovery.
$LAB