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$LAB
A long liquidation on LAB signals that bullish positions were forced to close, increasing short-term selling pressure and volatility. The $8.11K liquidation is significant, suggesting leveraged longs have been flushed and the current support zone will be critical for the next move.
EP
$0.1470 – $0.1500
TP
TP1: $0.1540
TP2: $0.1600
TP3: $0.1680
SL
$0.1440
Support: $0.1460 – $0.1470
Resistance: $0.1540 – $0.1600
Next Target: $0.1680 if LAB reclaims $0.1540 with strong buying volume and sustained momentum. Failure to hold support could trigger another liquidity sweep before a stronger recovery develops.
Price is testing a key demand area following the liquidation event. A strong defense of support and a confirmed breakout above resistance would improve the short-term bullish outlook and favor a recovery toward higher liquidity levels.
$LAB