Just asking—what's $LAB up to?
I just checked the data, SOL's down 5.48%, BNB's down 5.79%, and ETH's dropped to 1,769. The majors are all in a weak consolidation phase, and there's no LAB among the coins that are pumping.
Right now, LAB's got a cold position, but other projects in the BSC ecosystem—CAKE's showing heavy signs of liquidity siphoning, and BNB's still on a downward trend. On the flip side, LAB's been trading sideways at a low volume these past few days; if this is the big players accumulating, it means the funds haven't fully entered yet; if it's distribution, then the price shouldn't be consolidating like this.
On the technical side, LAB didn't accelerate its sell-off after the last pump, the support level hasn't been broken, and we're looking at BNB to see when it stops the bleeding. MINA's down 6.38% today, also in sync.
Whether the BSC can pump hinges on BTC getting back above 63k and holding it steady.
#Binance #Lab #BTC
I just checked the data, SOL's down 5.48%, BNB's down 5.79%, and ETH's dropped to 1,769. The majors are all in a weak consolidation phase, and there's no LAB among the coins that are pumping.
Right now, LAB's got a cold position, but other projects in the BSC ecosystem—CAKE's showing heavy signs of liquidity siphoning, and BNB's still on a downward trend. On the flip side, LAB's been trading sideways at a low volume these past few days; if this is the big players accumulating, it means the funds haven't fully entered yet; if it's distribution, then the price shouldn't be consolidating like this.
On the technical side, LAB didn't accelerate its sell-off after the last pump, the support level hasn't been broken, and we're looking at BNB to see when it stops the bleeding. MINA's down 6.38% today, also in sync.
Whether the BSC can pump hinges on BTC getting back above 63k and holding it steady.
#Binance #Lab #BTC