The $LAB charts are definitely the talk of the town today. After a monster 70%+ rally, I’m seeing some consolidation on the 15m timeframe.

The daily RSI at 87 is the highest I've seen in a while, signaling we are deep in overbought territory. I’m currently watching the $4.40 level—if we hold that as support, the momentum might have one more leg up. However, with $1.8B in volume, the volatility is no joke. I'm staying liquid and watching for any signs of whale distribution before making my next move.

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LABUSDT

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4.6775

+45.67%

Disclaimer: This is my personal market observation and not financial advice; crypto trading involves significant risk of loss.