$LAB made a sudden move on the 1m chart, jumping from around 0.052 to 0.056+.
What caught my attention is what happened after the spike: instead of immediately fading, price has been holding around 0.055 and moving in a tight range.
For me, this is the interesting part now. The next breakout from this small range could tell us whether the momentum is actually continuing or just cooling off.
What caught my attention is what happened after the spike: instead of immediately fading, price has been holding around 0.055 and moving in a tight range.
For me, this is the interesting part now. The next breakout from this small range could tell us whether the momentum is actually continuing or just cooling off.