LAB is sitting right on its absolute lows.
Been watching LAB quietly for a bit. Multi-chain trading terminal (spot + limits + perps across Solana/ETH/BNB/etc. from one interface, AI research layer, 0.5% fees, social/portfolio stuff). Product idea isn’t bad on paper.
Price action though… brutal. ATH around $27 in early June, now trading ~$0.035–0.036 after tagging a fresh ATL near $0.034 today. That’s basically a 99.9% drawdown. Market cap around $26M with ~725M circulating out of 1B. Volume is there on both spot and perps, but it’s been grinding lower for months after the big run.
Past concerns about supply concentration and unlocks still hang over it. Not exactly the cleanest setup if you’re looking for long-term conviction.
Trade suggestion (not financial advice)
Speculative only. If it holds the $0.033–0.034 zone and starts showing some absorption/volume on higher timeframes, a small bounce toward the $0.045–0.05 area is possible (recent local resistance). Tight stop below the ATL or invalidation if it cleanly breaks and closes under the lows. Risk-reward only makes sense on a small size given the history and unlock dynamics. Otherwise just keep it on the watchlist no rush.
Anyone else still tracking this one or already moved on?
$LAB
Been watching LAB quietly for a bit. Multi-chain trading terminal (spot + limits + perps across Solana/ETH/BNB/etc. from one interface, AI research layer, 0.5% fees, social/portfolio stuff). Product idea isn’t bad on paper.
Price action though… brutal. ATH around $27 in early June, now trading ~$0.035–0.036 after tagging a fresh ATL near $0.034 today. That’s basically a 99.9% drawdown. Market cap around $26M with ~725M circulating out of 1B. Volume is there on both spot and perps, but it’s been grinding lower for months after the big run.
Past concerns about supply concentration and unlocks still hang over it. Not exactly the cleanest setup if you’re looking for long-term conviction.
Trade suggestion (not financial advice)
Speculative only. If it holds the $0.033–0.034 zone and starts showing some absorption/volume on higher timeframes, a small bounce toward the $0.045–0.05 area is possible (recent local resistance). Tight stop below the ATL or invalidation if it cleanly breaks and closes under the lows. Risk-reward only makes sense on a small size given the history and unlock dynamics. Otherwise just keep it on the watchlist no rush.
Anyone else still tracking this one or already moved on?
$LAB
