-19% drop: $LAB plunged straight from 0.1147 to 0.0923, with a trading volume of 24M. This volume shows that some are panic-selling, while others are buying the dip.

I compare this market action to a fish market. In the morning, live fish are priced at 11 yuan per jin. By noon, the fish are starting to flop over, so the vendor urgently cuts the price to 9 yuan. But if you look closely, the aunties who buy fish every day are actually picking through them—because the fish aren't dead; they're just wilted from being exposed to the morning sun. LAB is in exactly this state now: a 24-hour high of 0.1147, a low of 0.0871, and an amplitude exceeding 24%—a typical shakeout pattern, not a fundamental collapse.
I'm not going to talk to you about candlesticks; I'm going to talk about human nature. Those who chased the rally yesterday are now being chopped up like retail investors, and after taking losses, they start cursing the project team in the group chats. But on-chain data doesn't lie: within the 24M trading volume, the proportion of large-buy orders is quietly rising. It's like before the fish market closes, when retail buyers are rushing home while restaurant purchasing managers start calling for trucks to come haul away the goods.
As for execution, 0.087–0.090 is strong support. If you have no position, you can place your first order around 0.088, keeping the position at 10%. If it drops to 0.085, increase it to 20%; set your stop-loss at 0.082, and exit decisively if that level breaks—no getting emotionally attached. If you're already holding a losing position, don't sell below 0.09; wait for a rebound to 0.098–0.10, reduce half, and hold the rest until 0.11 before deciding what to do.
I'm not calling for trades, nor am I qualified to do so, but I've been in this market for five years and have seen far too many scripts where prices rebound after a plunge like this. Remember one principle: when everyone is bearish, the big players are often picking up bloodied chips. The only thing you need to determine is whether this project is dead—LAB's community remains active, and development hasn't stopped, so this drop is driven by sentiment, not fundamentals.
If you understand, hit like, and tell me in the comments how much you hold and your average entry price; I'll help you figure out what to do next.