$LAB ¿The Show of +128% Has Ended? The Brutal Wick of $0.50 Speaks of Danger ⚠️ 📉
The LAB/USDT rocket gave us an explosive rally of more than +128% in 24 hours, reaching an epic peak at $0.50396.
If we look closely at the candle, we do not see euphoria, but rather an aggressive and wild profit-taking. That upper wick, very long, which pulled the price back to the current zone of $0.31, is the warning cry that we cannot ignore. It is the unmistakable signal that the "strong hands" are already securing profits.
My opinion is clear, The initial euphoria has died at $0.50.
Now, the consolidation at $0.31 is a truce, not a new starting point. The real battlefield is at the EMA(7) support at $0.28476
If we lose that support, will the correction be just a breath, or the beginning of a fall that will take us back to the zone of $0.20?
Always do your own research 😉
