
Post
Growing Bulls
$LAB did something worth studying today. It got crushed to 0.0464, then snapped all the way back to 0.0789 within hours.
That's a liquidation wick, not price discovery. Leverage got flushed, forced sellers hit the bid, and the market instantly said the real value was higher.
But this is still a downtrend from 0.111. One candle doesn't fix a month. I need a hold above 0.075 and then a push through 0.088 before I believe it.
Trap or turn? $LAB
#SeptHikeOddsHit90%
#BTCSpotETF450MOutflow

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