$LAB Short Liquidation Update!

LAB recorded a short liquidation of $1.4802K at $0.24258, a strong hint that sellers got squeezed as buyers stepped in with momentum. This move signals a possible trend reversal or at least a short-term bullish bounce.

Market Overview:

After retesting the support near $0.236, LAB surged back above the $0.24 zone, confirming that demand is strengthening. If price maintains above this level, a push toward higher resistance could follow.

Technical Snapshot:

Support: $0.236 – $0.230

Resistance: $0.249 – $0.258

Market Bias: Turning bullish after liquidation pressure eased

Trading Plan:

Buy Zone: $0.240–$0.243 (on slight pullback)

Sell Target: $0.255–$0.260 range

Stop-Loss: Below $0.230 to manage risk

Next Move: Sustained momentum above $0.25 could confirm a bullish breakout, inviting more buyers to join the rally. Watch for rising volume — it’ll validate the next leg up!

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