LAB is still looking weak on the 15m chart after the sharp drop, but the bounce from .0735 is worth watching.
For me, the key level is .0805. If LAB can reclaim and hold above it, the next areas I’m watching are:
🎯 Target 1: .0839
🎯 Target 2: .0854
$LAB
These levels also line up with the m(25) and m(99), so I’d expect some resistance there.
On the downside, .0735 remains the important support. If that level breaks with strong selling volume, I’d be careful about expecting a quick recovery.
I’m not chasing the current bounce. I’d rather see price confirm the move first and then decide.
Trade smart and manage risk.
Not financial advice. 📊
#LAB #LABUSDT
#CryptoTrading #TechnicalAnalysis #BinanceFutures
For me, the key level is .0805. If LAB can reclaim and hold above it, the next areas I’m watching are:
🎯 Target 1: .0839
🎯 Target 2: .0854
$LAB
These levels also line up with the m(25) and m(99), so I’d expect some resistance there.
On the downside, .0735 remains the important support. If that level breaks with strong selling volume, I’d be careful about expecting a quick recovery.
I’m not chasing the current bounce. I’d rather see price confirm the move first and then decide.
Trade smart and manage risk.
Not financial advice. 📊
#LAB #LABUSDT
#CryptoTrading #TechnicalAnalysis #BinanceFutures