Theme: LABUSDT — are we going to the bottom?
Last price: 0.11133 USDT
Change over 24h: +6.79%
Trading volume: 105.91 million USDT
What we see on the chart:
· The price has pulled back from the maximum over 24h (0.15240), but is holding above the minimum (0.09701).
· MA(7) is above MA(25) and MA(99) — there is a short-term momentum, but overall the trend has not yet reversed upwards.
· RSI for 7 days: +10.88%, for 30 days: -37.98% — there is intraday activity, but the monthly trend is still bearish.
Key levels:
✔ Support: 0.09701 (minimum 24h)
✔ Resistance: 0.12267 (MA7) and 0.15240 (max 24h)
Are we going to the bottom?
It's too early to say. The price is holding above yesterday's minimum, there is a rebound from 0.097, but to change the trend we need to secure above MA25 (0.10766) and especially MA7.
Volumes are high — 815 million LAB over 24h**, indicating interest in the asset.
What to watch:
$LAB
· Holding above 0.107 for a breakout to 0.122.
· If we lose 0.097 — possible retest of the bottom.
Overall, it's not yet “the bottom,” but also not a reversal. We are waiting for a clear momentum above MA25. $POWER
