$LAB IS SHOWING EXTREME NEGATIVE FUNDING BEFORE A POTENTIAL BREAKOUT ⚡

$LAB is coiling up inside a symmetrical triangle on the lower timeframes and the setup is looking increasingly tight. The real story here is the funding rate sitting at negative 2.50 percent, which tells me the market is heavily leaning into short positions.

When sentiment gets this one-sided, the probability of a violent squeeze to the upside increases significantly. If the bulls can flip the resistance level, we could see a rapid move toward that 130 to 150 percent target range. Do you think the shorts will cover before the breakout happens?

Not financial advice. Always manage your risk.

#LAB #Crypto #ShortSqueeze #Breakout #Trading

⚡