$LAB is approaching a key area on the chart, and I'm watching closely to see how price reacts.
The higher-timeframe structure still looks weak, while short-term momentum is trying to stabilize after recent selling pressure.
If price fails to reclaim resistance, the bearish trend could continue. On the other hand, a strong breakout with sustained buying would challenge that view.
For now, I'm focusing on confirmation instead of predicting the next move.
What's your take on $LAB ?
Do you expect another rejection, or could this be the start of a trend reversal?
#Crypto #LAB #Trading #DYOR
The higher-timeframe structure still looks weak, while short-term momentum is trying to stabilize after recent selling pressure.
If price fails to reclaim resistance, the bearish trend could continue. On the other hand, a strong breakout with sustained buying would challenge that view.
For now, I'm focusing on confirmation instead of predicting the next move.
What's your take on $LAB ?
Do you expect another rejection, or could this be the start of a trend reversal?
#Crypto #LAB #Trading #DYOR