$LAB Volume Explodes to $300M+, Looks Like LAB Is Ready for a $24 Move... 🔥
Guys, $LAB previously made a massive move to around $24, but the market wiped out that rally, sending LAB from $24 to nearly $0.003. After that brutal collapse, yesterday's nearly 60% pump caught everyone's attention. Today, LAB is cooling down, but we haven't seen another brutal one-wick dump yet.
The important question is: why did LAB pump Yesterday?
I couldn't find any fresh verified bullish team or developer announcement behind this move. For now, it looks more like liquidity rotation and aggressive trading than a confirmed fundamental breakout.
OI dropped from around 258M to 240M LAB, showing deleveraging. Futures CVD is around -381M LAB, while 24H futures flow is nearly -$2.24M and 3D flow is around -$1.71M. The latest 30M flow is slightly positive near $99K.
Long/short ratio is around 2.7, so longs are crowded. Funding is positive at 0.00663%, while basis remains negative.
The liquidation heatmap shows downside liquidity around $0.0650–$0.0660. Above price, liquidity is building around $0.0687–$0.0700, with larger clusters near $0.0770–$0.0790.
Spot flow remains weak: 24H around -$190K and 3D around +$13K. Around $1.756M LAB also moved recently, including a $1M cold-to-hot transfer. This doesn't prove selling, but it could add pressure if those tokens reach exchanges.
My configuration:
Current entry: $0.0675–$0.0685
Recommended entry: $0.0690–$0.0705 ✅
TP1: $0.0620
TP2: $0.0520
TP3: $0.0460
SL: Above $0.0715
Wait for a bounce into the recommended zone and a clear 30M–1H rejection. CVD should turn lower, sell volume should increase, and OI should rise with fresh shorts. If LAB reclaims $0.0705 with strong buying and rising OI, the short setup weakens.
👉 My take: I'm not blindly bearish, but current data does not support another move toward $24. Without fresh team news, weak spot flow, crowded longs and whale transfers make continuation risky. A deeper liquidity sweep looks more realistic first.
$龙虾
Guys, $LAB previously made a massive move to around $24, but the market wiped out that rally, sending LAB from $24 to nearly $0.003. After that brutal collapse, yesterday's nearly 60% pump caught everyone's attention. Today, LAB is cooling down, but we haven't seen another brutal one-wick dump yet.
The important question is: why did LAB pump Yesterday?
I couldn't find any fresh verified bullish team or developer announcement behind this move. For now, it looks more like liquidity rotation and aggressive trading than a confirmed fundamental breakout.
OI dropped from around 258M to 240M LAB, showing deleveraging. Futures CVD is around -381M LAB, while 24H futures flow is nearly -$2.24M and 3D flow is around -$1.71M. The latest 30M flow is slightly positive near $99K.
Long/short ratio is around 2.7, so longs are crowded. Funding is positive at 0.00663%, while basis remains negative.
The liquidation heatmap shows downside liquidity around $0.0650–$0.0660. Above price, liquidity is building around $0.0687–$0.0700, with larger clusters near $0.0770–$0.0790.
Spot flow remains weak: 24H around -$190K and 3D around +$13K. Around $1.756M LAB also moved recently, including a $1M cold-to-hot transfer. This doesn't prove selling, but it could add pressure if those tokens reach exchanges.
My configuration:
Current entry: $0.0675–$0.0685
Recommended entry: $0.0690–$0.0705 ✅
TP1: $0.0620
TP2: $0.0520
TP3: $0.0460
SL: Above $0.0715
Wait for a bounce into the recommended zone and a clear 30M–1H rejection. CVD should turn lower, sell volume should increase, and OI should rise with fresh shorts. If LAB reclaims $0.0705 with strong buying and rising OI, the short setup weakens.
👉 My take: I'm not blindly bearish, but current data does not support another move toward $24. Without fresh team news, weak spot flow, crowded longs and whale transfers make continuation risky. A deeper liquidity sweep looks more realistic first.
$龙虾
