The scary part about $LAB isn't the 8.5% crash. It's how thin the liquidity is.
Market cap: $30M
Reported on-chain liquidity: $958K
That's a huge gap.
Price is now near $0.041, with $0.0395 as the level I'm watching.
A small wave of buying could trigger a sharp bounce. More selling could make the downside ugly.
Would you trust a $LAB rebound with liquidity this thin?
#LAB #Crypto #Altcoins
DYOR | NFA
Market cap: $30M
Reported on-chain liquidity: $958K
That's a huge gap.
Price is now near $0.041, with $0.0395 as the level I'm watching.
A small wave of buying could trigger a sharp bounce. More selling could make the downside ugly.
Would you trust a $LAB rebound with liquidity this thin?
#LAB #Crypto #Altcoins
DYOR | NFA