$LAB !! What Next ❓📉
LABUSDT is currently trading well above its previous breakout zone near 7.78, which has now become a major support area. After the explosive rally toward 24.39 and the sharp correction, buyers managed to defend the price and push it back above 16. This shows that bullish momentum is not completely gone, but volatility remains extremely high.
As long as #LABUSDT holds above the 7.78–5.82 support region, the broader uptrend structure remains intact. However, if selling pressure increases and that zone is lost, a deeper correction could follow. In the short term, traders should watch whether price can reclaim higher levels and build strength above 16, otherwise another pullback toward the key support area remains possible before the next major move.
Trade from here before DYOR 👇
LABUSDT is currently trading well above its previous breakout zone near 7.78, which has now become a major support area. After the explosive rally toward 24.39 and the sharp correction, buyers managed to defend the price and push it back above 16. This shows that bullish momentum is not completely gone, but volatility remains extremely high.
As long as #LABUSDT holds above the 7.78–5.82 support region, the broader uptrend structure remains intact. However, if selling pressure increases and that zone is lost, a deeper correction could follow. In the short term, traders should watch whether price can reclaim higher levels and build strength above 16, otherwise another pullback toward the key support area remains possible before the next major move.
Trade from here before DYOR 👇