I still believe the major top on $LAB is likely in.
Could we see one final liquidity sweep toward $32-$34? Sure. Nothing is impossible. But in my view, shorting strength makes more sense than chasing longs.
I'll be honest—I’m currently stuck in a $LAB short, sitting around -$2,200 unrealized.
📌 Entry: ~$12 📌 Current Price: ~$16.5 📌 Liquidation: Around $30
I'm not hiding my losses. Every trader has them.
Before this trade, I used the same strategy 6 times:
• Short around $13 • Cover around $10
That alone generated over $4,800 in profit.
This time the breakout caught me. It happens.
I'll manage the position, add margin if needed, and stick to my plan instead of trading emotionally.
My view hasn't changed: I still expec to eventually trade back below $1, but timing is everything.
Wins and losses are both part of the game. Discipline is what keeps you alive. ✍🏻
💰 Massive $6,000 profit from my $LAB short in just 1 hour 🤯🔥
I warned you guys that the price action didn’t make sense in my last post 🚨 Spot was getting pushed higher 🚨 Perps were lagging far behind 🚨 Clear backwardation setup
The team kept pumping spot while futures refused to follow. That’s usually a sign that something isn’t right.
Soon as the $LAB touched $20 price it got smoked and dumped hard 🩸
$SUI is showing signs of consolidation after a lengthy correction. If support continues to hold, a recovery toward the $0.90-$0.95 range may become the next area to watch.
XRP Head-and-Shoulders Pattern Signals Risk of Drop Toward $0.96
XRP is holding just above a key neckline support on its 12-hour chart, but a head-and-shoulders pattern keeps the setup bearish and points to a potential move toward $0.96. According to BeInCrypto, long-term holders (155+ days) increased net positions from about 258.95 million XRP on June 19 to roughly 264.25 million by June 21, suggesting dip-buying near current levels.
BeInCrypto cites cost-basis data showing about 56.2 million XRP last bought near the current level, while the next zone at $1.10–$1.11 holds only about 24.6 million XRP. A clean break below the neckline and $1.10 could open $1.04, then $0.96, with $0.89 below; bulls need a reclaim of $1.14 and $1.17, and a move above $1.29 to negate the bearish view.