LAB COIN IMPORTANT TERMS‼💥
#LAB #CryptoAnalysis #BinanceSquare #TradingSignals #Altcoins #CryptoTrading
If you don't own LAB: Wait. Don't buy right now.
If you're already holding and you're in profit: Consider selling some and taking profit.
If you're holding and you're in loss: Hold for now, but don't buy more yet.
If you want to buy more to lower your average price: Wait until LAB shows signs of recovery.
If LAB keeps falling and breaks its recent low: Consider selling/reducing your position.
If LAB starts rising strongly and breaks important resistance: Then a new buy may become safer.
My choice right now: WAIT. I wouldn't buy LAB aggressively at this moment.!!
🔴 Bearish: $0.06–$0.075 if selling continues.
🟡 Sideways: $0.075–$0.12 while the market absorbs the new tokens.
🟢 Bullish: $0.12–$0.20 if buying pressure returns strongly.
The biggest problem 🚨
LAB just had a major unlock on August 14, and about 282 million tokens became accessible. The price fell roughly 20% around the event. There are also scheduled monthly unlocks afterward, meaning additional selling pressure is possible.
#Labs
$LAB
#LAB #CryptoAnalysis #BinanceSquare #TradingSignals #Altcoins #CryptoTrading
If you don't own LAB: Wait. Don't buy right now.
If you're already holding and you're in profit: Consider selling some and taking profit.
If you're holding and you're in loss: Hold for now, but don't buy more yet.
If you want to buy more to lower your average price: Wait until LAB shows signs of recovery.
If LAB keeps falling and breaks its recent low: Consider selling/reducing your position.
If LAB starts rising strongly and breaks important resistance: Then a new buy may become safer.
My choice right now: WAIT. I wouldn't buy LAB aggressively at this moment.!!
🔴 Bearish: $0.06–$0.075 if selling continues.
🟡 Sideways: $0.075–$0.12 while the market absorbs the new tokens.
🟢 Bullish: $0.12–$0.20 if buying pressure returns strongly.
The biggest problem 🚨
LAB just had a major unlock on August 14, and about 282 million tokens became accessible. The price fell roughly 20% around the event. There are also scheduled monthly unlocks afterward, meaning additional selling pressure is possible.
#Labs
$LAB