$LAB / USDT – Bullish Continuation Setup
Short Statement
Momentum stays with the bulls as $LAB consolidates above its breakout base, signaling strength rather than distribution.
Price Action Snapshot
Current Price: ~0.143
24H Move: +35% (approx.)
Intraday High: 0.1466
Intraday Low: 0.1368
Reasoning (Why This Looks Strong)
Breakout Strength: Price exploded out of the 0.103–0.110 accumulation range with a clean impulsive move, confirming real demand.
Healthy Consolidation: Instead of selling off, price is compressing near highs — a classic bullish continuation behavior.
Trend Support: Price is holding above rising MA(7) and MA(25), showing short-term trend control by buyers.
Demand Zone: The 0.138–0.144 area aligns with previous resistance turned support, offering a logical re-entry zone.
Key Levels
Support: 0.1440 / 0.1380 / 0.1290 (structure invalidation)
Resistance: 0.1500 → 0.1620 → 0.1780
Trend Bias
Overall Trend: Bullish
Market Structure: Higher highs and higher lows intact
Trade Idea (If / Then Plan)
If price holds above the 0.138–0.144 demand zone and continues respecting short-term moving averages,
Then continuation toward 0.1500, 0.1620, and potentially 0.1780 remains in play.
Invalidation: A clean breakdown below 0.1290 would weaken the structure and cancel the long bias.
Clean structure, controlled risk, and momentum still favor upside as long as support holds.
