I first bought this gem around $1.20 and held it with a $10 take-profit target. Back then, $10 felt almost impossible, but it actually got there and turned into a great trade.
Later, I decided to short it from that same area, and now I'm sitting on a pretty painful loss. Honestly, I never expected this thing to keep pumping this hard.
That said, we've seen moves like this before. Nothing goes up forever. I still believe that sooner or later $LAB will have a major pullback, and I wouldn't be surprised to see it trading below $1 again someday.#Lab #StrategyBitcoinSaleBreaksNeverSellStance $LAB
It has already been rejected from this level twice before, which suggests there’s significant resistance in this area.
Personally, I think selling here offers a better risk-to-reward setup than buying. Stay cautious and manage your risk accordingly.#ESPORT #BlockchainAssocBacks401kCrypto $ESPORTS