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$LAB This round of shorting is not fundamentally about guessing a drop—it’s about reading capital’s stance.
During the uptrend phase, the market will give many coins all kinds of stories, but when the price starts to weaken persistently, the candlesticks are often more honest than the news.
After LAB surged earlier, it failed to form a new uptrend structure; instead, there were repeated instances of weak rebounds.
This kind of price action indicates that there’s still overhead supply pressure.
So around 0.21080, choose to go short rather than betting that it will restart.
The current price is at 0.15445, and this move’s gains are already over 500%.
The most comfortable opportunities in trading are often not when everyone is panicking, but when the market still holds on to illusions.
LAB still needs to monitor the rebound strength.
If it can’t even reclaim the resistance level, the bearish trend is likely to continue. $BTC $DEXE