$LAB is on fire.
still looks bullish for spot buying, but it is also very volatile right now.
Price is holding above MA(7) and MA(25) → short-term bullish
RSI around 66 → buyers are strong, but slightly near overbought zone
Strong support: 4.68 – 4.72
Resistance: 5.15 – 5.20
My view:
✅ Good for small spot entry
✅ Better to buy in parts, not all at once
Don’t FOMO after big green candles
Spot plan:
Buy Zone: 4.75 – 4.90
Hold Target: 5.20+
Spot SL: below 4.55
LAB has been extremely volatile recently after a huge rally and recovery, so risk management is important.
Note:DYOR