$LAB is showing signs of a short-term pullback after its explosive +62% rally. Price is trading below the 5, 10, and 20 MAs on the 15m chart, indicating that sellers currently have the upper hand.
🔹 Support: $15.50–15.60
🔹 Resistance: $16.30–16.50
🔹 A bounce from support could trigger a recovery toward $16.80–17.20. However, losing $15.50 may lead to further downside.
Bias: Cautiously bullish above support, but wait for confirmation before entering.
🔹 Support: $15.50–15.60
🔹 Resistance: $16.30–16.50
🔹 A bounce from support could trigger a recovery toward $16.80–17.20. However, losing $15.50 may lead to further downside.
Bias: Cautiously bullish above support, but wait for confirmation before entering.