$LAB is trading at 0.12615, showing a growth of +16% over the last 24 hours. The current RSI (24h) is 53.63, indicating a neutral zone: the asset has exited local oversold conditions but has not yet entered a phase of overheating. This is a typical accumulation phase before a strong movement — the market is gathering liquidity and forming a base range.

The technical picture shows the formation of a local ascending channel, where the price is held above short-term moving averages. Volumes are gradually increasing, indicating the presence of a buyer, but without signs of euphoria — this is a healthy structure for a possible continuation of growth.

Bullish scenario:

Entry: $LAB 0.123–0.126

TP: 0.132 / 0.138 / 0.145

SL: 0.120 (≈3%)

A consolidation above 0.130 will open the way for an acceleration of the impulse and a test of higher resistance zones.

Bearish scenario:

Entry (short): $LAB 0.131–0.134

TP: 0.124 / 0.118

SL: 0.137 (≈3–4%)

In the case of a decrease in volumes and falling below 0.122, a deeper correction is possible.

It is recommended to use a small percentage of the deposit, and upon reaching the first target — to move the stop to break-even. This reduces risks and allows for maximum effective position management.

Please comment on which scenario you consider more likely, and don't forget to subscribe so you don't miss quality analytics and market ideas that provide a real advantage, as well as join my copy trading in the profile.

#LAB #Binance #Crypto #Trading #Altcoins