🚨 $LAB Flash Crash. What a bloodbath!

Parabolic run to ~$27 ATH, then a monster red wick straight to $5.75–$8 lows before recovering to ~$15.90.

~70% drawdown in one candle. $24M+ liqs. Classic liquidity sweep in a high-concentration token😨

🔸Background:

- LAB Terminal (multi-chain AI trading platform) had insane hype + buybacks.

- Heavy insider/whale control allegations floating around.

- Shorts got hunted hard (one big trader down millions on funding).

🔸Technical Analysis:

- Massive wick = stop hunt + cascading longs.

- Holding $14–16 for now. Reclaim $20+ = bullish continuation. Breakdown = more pain.

DYOR, manage risk.

#Labs

#crashmarket

LABBSC
LABUSDT
13.18
+41.12%