$LAB reacting sharply from a strong support shelf after shorts got squeezed, signaling renewed bullish intent in the current structure. Price is pushing into a key reaction zone where breakout momentum could accelerate.
🟢 Long $LAB
Entry: $4.92 – $5.02
Stop Loss: $4.71
TP1: $5.24
TP2: $5.48
TP3: $5.80
The recent short liquidation cluster confirms trapped sellers are being forced out of position. Bulls are defending higher lows while volatility compresses beneath resistance, creating conditions for an impulsive breakout. If price secures acceptance above the local range high, momentum traders could drive a strong continuation leg. Liquidity above resistance remains attractive, increasing the probability of a rapid upside sweep.
Trade $LAB here 👇


LAB
Alpha
4.7691
-6.02%
#BitcoinSpotETF1BWeeklyOutflow #EthereumSpotETF255MWeeklyOutflow #IntesaSanpaoloReshapesCryptoAllocation #BinanceUSimpleEarnFlexibleCampaign #BinanceUSimpleEarnFlexibleCampaign