Wait, is $LAB really about to flip this entire trend?
Look at that recovery from the 0.0977 lows. It was a nasty flush, but we’ve spent the last few hours steadily climbing back up and now we’re hugging the 0.1055 level. It feels like the sellers are finally running out of steam after that big drop.
We’re approaching the local resistance at 0.1082. If we can clear that with some actual volume, we might be looking at a much bigger move toward the 0.115 area. For now, it's just a game of seeing if this higher low holds.
Volume is still a bit on the low side at 2.69M, so I’m not going all in yet. I want to see a solid hourly close above 0.106 to be sure the momentum is actually shifting.
LABUSDT
Prep
0.10641
+6.70%