$LAB had an insane run, but it's now cooling off after some heavy profit-taking 👀
Chart Structure:
Big pump → Aggressive selloff → Weak bounce attempts
Right now, price is fighting to stabilize in the 9 – 9.5 zone. Every green recovery candle is getting slammed by sellers quickly.
Key Level to Watch:
If $LAB holds above 9 and volume starts returning, we could see another leg up toward 10 – 10.5.
But if 9 breaks cleanly with strong volume, this can drop fast.#Labs $LAB