$LAB is showing signs of recovery after bouncing from the $0.1335 support zone. Buyers have stepped in, but the price is still trading below the long-term EMA (99), which means the overall trend remains cautious. Short-term momentum is improving, but confirmation is still needed before expecting a stronger breakout.
Market Analysis
Support Zone: $0.1370 – $0.1355
Resistance 1: $0.1415
Resistance 2: $0.1450
Major Resistance: $0.1480
A successful break and close above $0.1415 with strong volume could open the door for a move toward $0.1450 – $0.1480. If the price fails to hold above $0.1370, a retest of the $0.1355 support area is possible.
Trade Idea
Entry: $0.1380 – $0.1395
Target 1: $0.1415
Target 2: $0.1450
Target 3: $0.1480
Stop Loss: $0.1350
Risk Management
Risk only 1–2% of your capital on a single trade.
Wait for candle confirmation before entering.
Book partial profits at each target and move your stop loss to breakeven after Target 1.
Conclusion
$LAB is attempting to build bullish momentum, but buyers still need to reclaim the resistance zone to confirm a stronger uptrend. Patience and disciplined risk management remain the key.
Let's Go Trade Now – $LAB
Market Analysis
Support Zone: $0.1370 – $0.1355
Resistance 1: $0.1415
Resistance 2: $0.1450
Major Resistance: $0.1480
A successful break and close above $0.1415 with strong volume could open the door for a move toward $0.1450 – $0.1480. If the price fails to hold above $0.1370, a retest of the $0.1355 support area is possible.
Trade Idea
Entry: $0.1380 – $0.1395
Target 1: $0.1415
Target 2: $0.1450
Target 3: $0.1480
Stop Loss: $0.1350
Risk Management
Risk only 1–2% of your capital on a single trade.
Wait for candle confirmation before entering.
Book partial profits at each target and move your stop loss to breakeven after Target 1.
Conclusion
$LAB is attempting to build bullish momentum, but buyers still need to reclaim the resistance zone to confirm a stronger uptrend. Patience and disciplined risk management remain the key.
Let's Go Trade Now – $LAB