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🔥Episode 4: LAB “MEETING RESISTANCE” AT 4.7 – IS A DEEP CORRECTION COMING?
After an impressive rally from the 2.2 zone, $LAB has just hit a tense confrontation at the key resistance area around 4.7466.
H1 chart observations:
Selling pressure appears: The latest 1H candle shows a long upper wick, indicating bears are actively defending the 4.7–4.8 zone.
Declining volume: Compared to previous spikes, buying momentum is cooling down. Price is either consolidating or preparing for a technical pullback.
Price action: Despite a slight -1.22% drop, LAB still maintains a bullish structure as long as the key support at 4.2 holds.
Trading scenarios:
Scenario 1 (Pullback): If price loses 4.4, LAB could retest the 3.8–4.0 zone before any new move.
Scenario 2 (Continuation): A strong H1 close above 4.75 with high volume would confirm a breakout toward the 5.x range.
💬 Are you looking to short this pullback or still holding for a breakout above resistance? Drop your thoughts below

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