fibonachi

🚨 $LAB

Update — Bullish Structure Still Active

As long as the $6.15 support zone holds, LAB is showing strong continuation potential on the chart. 📈

Current structure suggests:

Higher lows forming
Momentum reclaim in progress
Buyers defending key support

According to the Fibonacci extension setup, the next major target zone is around $9+ 🎯

Key Levels:
🔹 Support: $6.15
🔹 Invalidation: Below $5.26
🔹 Fibonacci Target: $9.27

If volume continues to support the breakout, LAB could enter another expansion phase. ⚡

Now watching closely:
👀 Breakout strength
👀 Volume confirmation
👀 Market reaction near resistance

#tradingview #BinanceOnline #bullish #fibonachi #CryptoTradingInsights

I’m focusing on the local structure instead of the macro top. By anchoring Fib to this specific leg, the levels align perfectly with the price action. The 0.236 level marks the immediate breakout, while the higher levels hit the exact spots where price struggled before, giving me a clear map of the road ahead.
#fibonachi #parallel #structure #ConsolidationZone