📉 $LAB crashed from $9.00 to $7.14 in hours — and the volume is accelerating
Price: $7.57653
Today: +4.42% | Mkt Cap: $3.27B
📊 SHORT Setup:
Entry zone: $7.62 — $7.97
Stop Loss: $8.11
Take Profit 1: $7.14
Take Profit 2: $6.64
Take Profit 3: $6.00
What the chart is saying:
→ Sharp rejection from $9.00 — dropped 20% in a single session
→ Price BELOW all 3 MAs ❌❌❌
— MA7: $7.97 — immediate resistance
— MA25: $8.49 — heavy wall
— MA99: $8.05 — second ceiling
→ Volume INCREASING on red candles = sellers getting more aggressive not less
→ Bounced slightly from $7.14 but volume on bounce is weak vs dump volume
→ MA99 was rising support — now price crashed through it entirely
→ Only 19,131 holders + $6.47M liquidity = thin book, moves violently
The setup:
Volume tells the whole story. Dump candles have 359K volume. Bounce candles have 9.65K. Sellers are 35x more aggressive than buyers right now.
Any bounce into $7.62 — $7.97 → short toward $7.14
Lose $7.14 → $6.64 opens fast
This is not financial advice. Do your own research.
LAB bounces from $7.14 or breaks below?
A) $7.14 breaks, $6.50 next 📉
B) Bounce back to $8.50 🚀
C) Consolidates here first 👀
Drop your vote 👇