$LAB is getting plenty of hype lately… but the chart is telling a different story. 👀
After reaching a $0.0949 high, $LAB faced a sharp rejection and has slipped to around $0.0756, down 7.55%.
📉 Technical structure is turning bearish:
• Price is below the 7 MA at $0.0778
• 25 MA sits higher at $0.0852
• 99 MA remains above at $0.0821
• Selling volume surged during the breakdown
This suggests short-term momentum has shifted toward the sellers. ⚠️
Now, the key support and resistance levels become crucial. A reclaim could change the structure, while continued weakness may open the door to another leg lower.
$LAB
#LAB #Crypto #Altcoins #Trading
After reaching a $0.0949 high, $LAB faced a sharp rejection and has slipped to around $0.0756, down 7.55%.
📉 Technical structure is turning bearish:
• Price is below the 7 MA at $0.0778
• 25 MA sits higher at $0.0852
• 99 MA remains above at $0.0821
• Selling volume surged during the breakdown
This suggests short-term momentum has shifted toward the sellers. ⚠️
Now, the key support and resistance levels become crucial. A reclaim could change the structure, while continued weakness may open the door to another leg lower.
$LAB
#LAB #Crypto #Altcoins #Trading
