Dear Fam, I kept asking everyone to watch $LAB at 5.519. While most ignored it, the chart didn't. Today, LAB is trading near 13.75 after touching 14.36—up +149% from the swing low and +112.27% in just 24 hours.
This rally wasn't random. The 1H chart printed a textbook V-shaped reversal, followed by a decisive break of market structure above 10.00 with strong volume, confirming buyers have taken full control. Although RSI sits above 94, signaling an overheated market, that typically favors consolidation over an immediate trend reversal. As long as 12.50-13.00 holds as support, the bullish structure remains intact and the trend continues to favor higher prices.
Trade #Labs here
$HYPE $VELVET
This rally wasn't random. The 1H chart printed a textbook V-shaped reversal, followed by a decisive break of market structure above 10.00 with strong volume, confirming buyers have taken full control. Although RSI sits above 94, signaling an overheated market, that typically favors consolidation over an immediate trend reversal. As long as 12.50-13.00 holds as support, the bullish structure remains intact and the trend continues to favor higher prices.
Trade #Labs here
$HYPE $VELVET