Recently, LAB's price action has been strong, stabilizing after a pullback, making it a high-value long position right now.
First off, the trend foundation is solid. LAB has surged from a low position, with over 400% gains in 30 days and nearly 700% in 90 days. This is a clear long-term bull trend, not just a short-term bounce. The recent pullback is a normal washout after a big rally, not a reversal, aimed at shaking out weak hands and setting the stage for further upward movement.
Secondly, market sentiment and capital are leaning bullish. The futures side is dominated by longs, with funding rates staying positive, indicating that bulls are willing to spend to hold their positions, and the bullish sentiment is thick. Over 80% of shorts have been liquidated in the past 24 hours, which continues to pressure the bears and supports the bullish trend. Spot trading volume is active, with continuous capital inflow, providing strong buying power.
On the technical side, stabilization signals are clear. After the price pullback, it has held steady at a key support level (around $1), not making new lows, forming "higher lows," which is a signal for stabilization and rebound. The 4-hour MACD shows a golden cross, with short selling momentum weakening and bullish momentum starting to recover. Short-term resistance is at $2; once broken, we could see around $3, offering significant upside potential.
Finally, the risk is manageable, and the opportunity outweighs the risk. Entering at the current position, stop losses can be well set (below the support level), and the risk-reward ratio is attractive. LAB is a hot small-cap coin, with high volatility but a strong trend; currently, the bullish setup remains intact, and going long in the direction of the trend is the mainstream strategy.
$LAB #LAB
First off, the trend foundation is solid. LAB has surged from a low position, with over 400% gains in 30 days and nearly 700% in 90 days. This is a clear long-term bull trend, not just a short-term bounce. The recent pullback is a normal washout after a big rally, not a reversal, aimed at shaking out weak hands and setting the stage for further upward movement.
Secondly, market sentiment and capital are leaning bullish. The futures side is dominated by longs, with funding rates staying positive, indicating that bulls are willing to spend to hold their positions, and the bullish sentiment is thick. Over 80% of shorts have been liquidated in the past 24 hours, which continues to pressure the bears and supports the bullish trend. Spot trading volume is active, with continuous capital inflow, providing strong buying power.
On the technical side, stabilization signals are clear. After the price pullback, it has held steady at a key support level (around $1), not making new lows, forming "higher lows," which is a signal for stabilization and rebound. The 4-hour MACD shows a golden cross, with short selling momentum weakening and bullish momentum starting to recover. Short-term resistance is at $2; once broken, we could see around $3, offering significant upside potential.
Finally, the risk is manageable, and the opportunity outweighs the risk. Entering at the current position, stop losses can be well set (below the support level), and the risk-reward ratio is attractive. LAB is a hot small-cap coin, with high volatility but a strong trend; currently, the bullish setup remains intact, and going long in the direction of the trend is the mainstream strategy.
$LAB #LAB