$LAB update
Price failed to reclaim the key 17$ resistance and got a clean rejection.
Since then, the trend remains bearish, printing lower highs and lower lows.
Now all eyes are on the 7$ area — this is the only level that matters.
📍 If buyers step in and defend this zone, we could see a strong relief bounce.
📍 If 7$ fails, the downside opens much further.
No need to predict the future right now.
Watch the reaction at support.
The market will tell us everything we need to know.
Price failed to reclaim the key 17$ resistance and got a clean rejection.
Since then, the trend remains bearish, printing lower highs and lower lows.
Now all eyes are on the 7$ area — this is the only level that matters.
📍 If buyers step in and defend this zone, we could see a strong relief bounce.
📍 If 7$ fails, the downside opens much further.
No need to predict the future right now.
Watch the reaction at support.
The market will tell us everything we need to know.