The $80M Short Squeeze Nobody Is Talking About: Is $LAB Setting Up a Trap? 🚨
Everyone on the feed is screaming about the $26M in long liquidations waiting down at the $3.47 zone. But while retail is panicking about the floor, they are completely blind to what's sitting directly above the market.
Have you actually looked at the liquidation clusters packed between the $10 – $13 range? They are absolutely massive. If momentum pushes through that resistance pocket, we are looking at over $80M in total short liquidations cascading in minutes.
With funding rates sitting tightly around -0.17, the short concentration is reaching a boiling point. Historically, when the crowd heavily leans to one side of the boat, the market tends to capsize the majority.
So what’s the play here? Will the market hunt the smaller pool of long liquidity first, or are the market makers setting the stage for a violent squeeze straight to $13?
Drop your thesis below. Are you shorting this or waiting for the squeeze?
