$LAB JUST GOT WIPED OUT đ
$LAB took a brutal hit, with the downside wick reaching around $0.055. That kind of move shows how aggressive the sell-off was.
But thereâs one thing Iâm watching closely: the wick is already being reclaimed. đ
Earlier, $0.095 was the key recovery level, and $LAB rejected right around there before the dump.
Now the levels are simple:
đą $0.075 â Major support
Hold above it â recovery attempt remains possible.
Lose it â another sharp dump could follow.
The market is punishing overleveraged traders hard right now. đ©ž
That $0.055 wick wasnât something to ignore. Watch the reaction around $0.075 â thatâs where the next move could start taking shape.
Not financial advice. DYOR.
$LAB took a brutal hit, with the downside wick reaching around $0.055. That kind of move shows how aggressive the sell-off was.
But thereâs one thing Iâm watching closely: the wick is already being reclaimed. đ
Earlier, $0.095 was the key recovery level, and $LAB rejected right around there before the dump.
Now the levels are simple:
đą $0.075 â Major support
Hold above it â recovery attempt remains possible.
Lose it â another sharp dump could follow.
The market is punishing overleveraged traders hard right now. đ©ž
That $0.055 wick wasnât something to ignore. Watch the reaction around $0.075 â thatâs where the next move could start taking shape.
Not financial advice. DYOR.