$LAB still looks weak despite the volatility. 📉

Every pump has been getting sold off, and as long as price stays below the $5.20 resistance zone, the bearish structure remains intact.

After a massive 30x+ move, supply concentration is becoming a serious concern. A few wallets reportedly holding over 90% of the tokens creates huge risk for retail traders chasing green candles.

Current downside target: $2.00 👀

Re-entered short around $4.88 using a DCA strategy and focusing on risk management instead of emotional trading.

LABBSC
LABUSDT
4.2906
-1.33%

Markets can stay irrational longer than expected, so always protect your capital.

Personal opinion only — not financial advice.

$LAB

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