$LAB is highly likely to be from the same trading team as RAVE, using very similar pump tactics! After the scandal dropped by ZachXBT, it has been trading sideways for nearly a few weeks before violently pumping again.
Looking back at RAVE's previous moves: in April, the price crashed from $28 to the depths, consolidated sideways for almost four weeks, and then suddenly shot up, enticing the FOMO crowd, only to be slammed back down. LAB is currently replicating the same playbook—on May 14, after ZachXBT's hammer dropped, the price was chopped in half from 7.7 to 2.89, consolidated sideways for nearly three weeks, then one bullish candlestick shot from 4.5 to 18.9. The timing, consolidation periods, and pump rhythm are almost identical.
The on-chain evidence is even stronger. On May 12, the operators withdrew 100 million LAB from Bitget using 10 addresses, worth $514 million at the time, which accounted for 32% of the circulating supply. On-chain analyst Yu Jin directly pointed out—the Gas source method of these addresses closely matches that of the addresses previously manipulating RAVE. Same gang, same playbook, just a different code to continue the act.
An even more critical signal is at 18.9. This level was tested like a pinprick, then slid back to 18.1 on the same day. That’s the bulls hitting a wall and the operators testing the depth of buy support above. Insiders deposited 226 million tokens into exchanges between March and April; they haven't left, they're just waiting for the last bag holder.
Short in batches around 18-18.5, with a stop-loss above 20, targeting 12 first, and if it breaks through, extending down to 8. The direction leans bearish, so keep the position light. The operators are using the same playbook, and the ending won't change either.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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