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🔥 Is $LAB refueling before a breakout? The $5 level could get blown away!
After surging from around $1.6 to nearly $4.96, LAB didn’t collapse. Instead, the price is moving sideways and accumulating around $4.3 – $4.6. This phase often indicates the market is refueling before attempting another breakout.
Some notable signals:
Bullish structure remains intact: higher lows continue to form → the uptrend is still holding.
Strong rejection wick around ~$3.2: shows buyers quickly absorbed the selling pressure.
Volume hasn’t dropped significantly, suggesting capital is still staying within the ecosystem.
Currently, $4.9 – $5.0 is a key psychological resistance zone. If LAB breaks above this level with strong volume, it could trigger a new upward move.
#StrategyMaySellBTC #OKXPreIPOPerpsGoLive #USIranMOUTalks

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