#shortmomentum
shortmomentum
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Buyers at $LAB got wrecked hard. Down 13.9% in one candlestick!
While retail was believing in the continued rise, the market makers shut the trap.
The drop to $20.6434 in just 15 minutes looks like an aggressive position dump by the big players.
The order book of buyers was just obliterated. I'm sitting on the fence waiting for a retest of the broken level from below. If there’s no bounce, the drop will continue with renewed strength.
#LAB #ShortMomentum
While retail was believing in the continued rise, the market makers shut the trap.
The drop to $20.6434 in just 15 minutes looks like an aggressive position dump by the big players.
The order book of buyers was just obliterated. I'm sitting on the fence waiting for a retest of the broken level from below. If there’s no bounce, the drop will continue with renewed strength.
#LAB #ShortMomentum
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