$LAB /USDT update 📊

After the heavy sell-off, LAB is now testing a major support zone around $4.70–4.80. The 15m chart reacted with a strong +7% bounce from the lows, showing short-term buyers are trying to defend the area.

But from a trader’s perspective, the bigger picture still matters:

⚠️ The 4H structure remains bearish until price can successfully reclaim and hold above the $5.50 resistance zone.

Right now, the chart could easily invite aggressive dip buyers, form a temporary recovery pattern, and then fail again if higher timeframe resistance rejects price. That’s why confirmation is extremely important here.

As long as the 4H resistance remains unbroken, the bearish trend structure is still active. Personally, I remain cautious and short-term bearish until the market proves otherwise.

In volatile conditions like this, patience and proper risk management always beat emotional buying. DYOR. 👀