$LAB is starting to look interesting again on the 1D chart.
Price is trading around 12.64 USDT after bouncing from the mid-June low near 7.9 USDT, which is roughly a +60% recovery from the recent bottom. That shows buyers are stepping back in, but I would not call it a full breakout yet because price is still below the early-June supply zone around 16.5 to 17 USDT.
For now, the key area I’m watching is 13 to 14 USDT. If $LAB can reclaim and hold above that zone, momentum could open the path toward the next resistance range. But if it gets rejected there, the 9 to 10 USDT area becomes the level that bulls need to defend.
I would rather wait for confirmation above resistance than chase the bounce blindly. Strong recovery is good, but clean structure matters more.
What do you think, is $LAB building a real reversal here or just another relief bounce?
