$LAB JUST GOT WIPED OUT 💀
$LAB took a brutal hit, with the downside wick reaching around $0.055. That kind of move shows how aggressive the sell-off was.
But there’s one thing I’m watching closely: the wick is already being reclaimed. 👀
Earlier, $0.095 was the key recovery level, and $LAB rejected right around there before the dump.
Now the levels are simple:
🟢 $0.075 — Major support
Hold above it → recovery attempt remains possible.
Lose it → another sharp dump could follow.
The market is punishing overleveraged traders hard right now. 🩸
That $0.055 wick wasn’t something to ignore. Watch the reaction around $0.075 — that’s where the next move could start taking shape.
Not financial advice. DYOR.
$LAB took a brutal hit, with the downside wick reaching around $0.055. That kind of move shows how aggressive the sell-off was.
But there’s one thing I’m watching closely: the wick is already being reclaimed. 👀
Earlier, $0.095 was the key recovery level, and $LAB rejected right around there before the dump.
Now the levels are simple:
🟢 $0.075 — Major support
Hold above it → recovery attempt remains possible.
Lose it → another sharp dump could follow.
The market is punishing overleveraged traders hard right now. 🩸
That $0.055 wick wasn’t something to ignore. Watch the reaction around $0.075 — that’s where the next move could start taking shape.
Not financial advice. DYOR.