$LAB just swept liquidity with a sharp spike before pulling back into a key demand zone. If buyers defend the $0.141-$0.146 area, this could set up another move toward $0.170-$0.175.
A strong reaction from support would keep the short-term bullish outlook intact. However, losing this zone could open the door for a deeper pullback before any meaningful recovery.
The current retracement looks like a healthy reset after the impulsive move, but confirmation from buyers is still needed.
Watch how price behaves around support. A bounce could offer the next opportunity, while a breakdown would favor waiting for a new base to form.
#Labs
A strong reaction from support would keep the short-term bullish outlook intact. However, losing this zone could open the door for a deeper pullback before any meaningful recovery.
The current retracement looks like a healthy reset after the impulsive move, but confirmation from buyers is still needed.
Watch how price behaves around support. A bounce could offer the next opportunity, while a breakdown would favor waiting for a new base to form.
#Labs