Many of you are asking whether
$LAB has finally found a bottom.
Here's what I'm watching for the short term.
Price is still trading below the key moving averages, so the overall market structure remains bearish. However, a short-term relief rally is possible if buyers step in.
📈 Bullish Scenario - Watch the 0.1600-0.1630 zone closely. If price reclaims and holds above this level, while RSI 7 crosses above RSI 21(both 1hr and 4hr), we could see the first expansion towards 0.1700-0.1838
If buying pressure continues, the next targets become 0.2000-0.2300
In a strong momentum-driven move, an agg