$LAB is stabilizing after the sharp selloff from the 0.1499 high and I am watching this zone closely because price is now reacting around the 0.1088 support where buyers showed the first sign of absorption. The 1h candles are compressing and forming a short base, suggesting selling momentum is slowing after the impulsive drop. This looks like a cooling phase rather than continuation to the downside.
If this structure holds, a technical rebound becomes possible with a controlled push.
Here is my full setup from this chart.
Entry Point
0.11250 – 0.10920
Target Point
TP1 0.11580
TP2 0.12480
TP3 0.13390
Stop Loss
0.10650
It’s possible because repeated dips near the 0.109 zone are getting absorbed and the candles are no longer expanding lower with strength. If $LAB holds above the 0.1088 support, the move toward 0.1158 becomes the natural first step before momentum attempts a deeper recovery toward the mid-range again.
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LABUSDT
Perp
0.15008
-2.93%