📊 $LAB Technical Analysis & Setup

The multi-timeframe structure remains aligned with lower highs and lower lows, while recent volume surges on the downside signal distribution into weakness rather than a washout bottom.

‱ Key Support / Demand: 0.04145 swing low, followed by 0.03944 and 0.03688
‱ Resistance / Supply Targets: 0.04200, 0.03944, and 0.03688
‱ Trigger / Confirmation: Wait for a rejection wick, bearish engulfing, or lower-timeframe market-structure shift in the 0.04339–0.04482 overhead retest zone before entering
‱ Risk / Invalidation: A daily close above 0.04900 flips the macro bias to bullish
‱ Market Execution: Open Interest at $9.4M with positive funding; manage size carefully against volatility

DYOR — Educational setup, not financial advice.

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