$LAB is stabilizing after a sharp sell-off and forming a base with higher lows on lower timeframe signs of absorption and potential reversal. Price is holding above the recent demand zone and starting to compress, suggesting a breakout setup.

Look for a long around 0.76–0.78, targeting a push toward 0.85 first, then 0.92–0.97 if momentum builds. Invalidation below 0.74 if that level breaks, the structure weakens and downside may resume.