$LAB Short Liquidation: $5.026K at $0.13107
Short sellers on $LAB were forced to cover as price pushed higher, triggering a strong short liquidation. Bears failed to defend the level, and forced buying accelerated the upside move.
Liquidation Type: Short
Liquidated Amount: $5.026K
Liquidation Price: $0.13107
EP: $0.1295
TP: $0.1355 → $0.1420
SL: $0.1268
Market Outlook:
This sizable short liquidation confirms buyers stepping in with control above the recent range. As long as price holds above the liquidation zone, upside momentum remains active with room for continuation toward higher resistance. Minor pullbacks are healthy, but overall structure favors bullish continuation.
Pro Tip: Big short liquidations often lead to follow-through. Wait for a controlled pullback and enter near support discipline beats chasing every time.
