$LAB is up over 20%, but what stands out isn’t just the gain, it’s the structure behind it. Price didn’t just spike and dump, it actually built momentum step by step, moving from the $0.70 zone into the high $0.80s before starting to slow down.
That kind of movement usually signals more controlled buying rather than a one-off pump. You can see it in the way dips are getting bought instead of collapsing, which tells you there’s still interest behind the move.
At the same time, it’s starting to lose a bit of steam near the top, and that’s normal after a strong push like this. Personally, when I see this kind of chart, I don’t assume continuation immediately, I watch how price behaves after the push. If it holds these higher levels, that’s where confidence builds and the trend can extend.
But if momentum fades and buyers step back, it can easily slip back into the previous range.
For me, this feels like a transition phase, not the start and not the end, just that middle zone where the market decides if the move was strong enough to continue or just another short-term expansion.
