One way to approach $LAB is to scale into short positions very cautiously using minimal size. You could start with a small short near $8, then only consider adding at higher levels like $16 if price continues extending, using isolated margin to control risk.

The idea some traders follow is that after strong parabolic moves, price may eventually revert significantly lower — even below $1 in extreme scenarios. But this is highly uncertain, and trends can stay irrational much longer than expected.

This kind of approach is purely experimental, high-risk, and requires strict risk management. Not financial advice. DYOR.