🚨 $LAB
UPDATE — The Earlier Thesis Is Still Playing Out
Another token unlock is coming on September 14, adding further supply pressure.
$LABUSDT Perp: 0.07791 | +65.62% (earlier snapshot)
The earlier thesis was simple: LAB was unlikely to return to $10 because the supply math doesn’t support it, while much of the move appeared to be driven by leverage rather than genuine spot demand.
Since then, price has continued to weaken, now sitting around $0.0493, down 26.46% in 24H.
The structure looks even more stretched:
🔹 OI / Market Cap: 33.3%
🔹 Futures / Spot: 30.1×
🔹 Spot Volume: ~$3.02M
🔹 L/S Ratio: 3.76 — crowd heavily long
🔹 Top Trader Ratio: 1.93 — noticeably more cautious
🔹 Taker Ratio: 1.19 — buyers slightly aggressive
The key takeaway: buyers are still stepping in, but the buying pressure isn't strong enough to stop the decline.
With another unlock approaching, leverage elevated, and the crowd heavily positioned long, LAB remains a high-risk setup where chasing pumps can be extremely dangerous.
⚠️ Manage risk. DYOR. Not financial advice.
#lab
UPDATE — The Earlier Thesis Is Still Playing Out
Another token unlock is coming on September 14, adding further supply pressure.
$LABUSDT Perp: 0.07791 | +65.62% (earlier snapshot)
The earlier thesis was simple: LAB was unlikely to return to $10 because the supply math doesn’t support it, while much of the move appeared to be driven by leverage rather than genuine spot demand.
Since then, price has continued to weaken, now sitting around $0.0493, down 26.46% in 24H.
The structure looks even more stretched:
🔹 OI / Market Cap: 33.3%
🔹 Futures / Spot: 30.1×
🔹 Spot Volume: ~$3.02M
🔹 L/S Ratio: 3.76 — crowd heavily long
🔹 Top Trader Ratio: 1.93 — noticeably more cautious
🔹 Taker Ratio: 1.19 — buyers slightly aggressive
The key takeaway: buyers are still stepping in, but the buying pressure isn't strong enough to stop the decline.
With another unlock approaching, leverage elevated, and the crowd heavily positioned long, LAB remains a high-risk setup where chasing pumps can be extremely dangerous.
⚠️ Manage risk. DYOR. Not financial advice.
#lab
