$LAB looks like they’ve been testing liquidity on the downside, but short sellers may need to cover first before any larger move lower. Keep an eye on funding rates and borrowing costs—you know what I mean. I could see a move back toward 32 before another selloff attempt. I'm not calling for a long position here, but I wouldn't be aggressively shorting either. Stay cautious, manage risk, and consider hedging if you're comfortable using those strategies. Trade smart.