$LSK just crashed from 2.37 to 0.667 — a brutal -30% move in 24 hours, wiping out most of its recent pump.
$LAB isn't far behind, down -24.5%, sliding from 0.086 straight back to 0.0519 — basically erasing the entire breakout from a few days ago.
Look at the broader picture: 9 out of the top 10 losers on futures right now are all coins that pumped hard in the last week — $STEEM, $MINA, $VTHO, $FLOCK, all bleeding 15-21%.
This isn't random weakness. This is classic post-pump profit-taking — the same coins that had everyone excited a few days ago are now the ones getting dumped the hardest.
RSI on both LSK and LAB is already cooling into the 25-45 range, which usually means the sharpest part of the drop is behind us, not ahead.
For anyone who missed the first pump — this kind of flush often resets the setup for round two, but only for the coins that hold above their pre-pump base. Watch $LSK around 0.48-0.50 and LAB around 0.048-0.050 — those are the levels that matter now.
$LAB isn't far behind, down -24.5%, sliding from 0.086 straight back to 0.0519 — basically erasing the entire breakout from a few days ago.
Look at the broader picture: 9 out of the top 10 losers on futures right now are all coins that pumped hard in the last week — $STEEM, $MINA, $VTHO, $FLOCK, all bleeding 15-21%.
This isn't random weakness. This is classic post-pump profit-taking — the same coins that had everyone excited a few days ago are now the ones getting dumped the hardest.
RSI on both LSK and LAB is already cooling into the 25-45 range, which usually means the sharpest part of the drop is behind us, not ahead.
For anyone who missed the first pump — this kind of flush often resets the setup for round two, but only for the coins that hold above their pre-pump base. Watch $LSK around 0.48-0.50 and LAB around 0.048-0.050 — those are the levels that matter now.
