🔥 $LAB back at $7.2 again and many still missing the bigger picture.
And yes guys, few days back when LAB first touched the $7 zone, one verified influencer was already shouting "LAB to $10."
Then LAB dropped hard to $2.9... and silence.
Now if it pumps again, same people will come back with same targets.
Easy to post targets.
Hard part is explaining what actually happens between the pump, the pullback, fear, liquidation, and then confirmation again.
Because example —
if LAB buys at $7, drops to $5, everyone panics, weak hands close there… and then later price pumps to $10.
Can you really handle that drawdown without panic?
Most beginners cant.
Thats why I always say watch the data, not noise.
Real LAB data:
— First push reached $7.7
— Then dropped hard to $2.9
— Then held $4-$5 for days
— Daily unlock kept happening at 1.48M LAB/day
— Circulating supply now 431M / 1B
— And now price reclaimed $7.2
That tells me buyers already absorbed weeks of sell pressure.
Current read:
— OI rising
— Funding still negative
— Short side crowded
— Liquidity above $7.4-$7.7
— Bigger liquidity near $8+
— Support around $6.8-$7.0
So yes momentum still leans bullish.
But this is also previous rejection zone.
And one important thing —
I still cant check whale behavior because Arkham server still down on my side.
That part matters a lot after a pump like this.
Derivatives still look strong.
But whale flow tells whether bigger wallets are adding. or reducing.
That missing piece matters.
So I like the setup from derivatives, but I'm not fully confident without whale confirmation.
So best advice:
Dont force entry.
Wait for confirmation.
LAB setup:
— Entry: $6.95-$7.10 on hold
— Or breakout after 4h close above $7.80
— TP1: $7.45
— TP2: $7.75
— TP3: $8.30
— SL: below $6.58
If $6.8 breaks weak, then price can revisit $6.2-$5.8
Confirmation:
— If price taps $6.95-$7.10, wait 15-30 min and see if candles still hold there without fast rejection— If price touches entry and instantly loses $6.8, dont force it.
