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Hxlaw
Hxlaw
$LAB LABUSDT is showing impressive strength when breaking out of the accumulation area around 4.0–4.5 USDT. Two consecutive strong bullish candles accompanied by a surge in trading volume show that the money flow is actively participating and the short-term uptrend is confirmed. The price is currently trading around 8.59 USDT, maintaining all important MA lines (MA5, MA10, MA20), showing that the upward momentum is still very strong. However, after an increase of more than 100% in just a few sessions, the possibility of shaking beats or short-term profit-taking is something to note. ● Near support: 7.80 – 8.00 USDT. ● Strong support: 6.20 – 6.50 USDT. ● Short-term resistance: 8.83 USDT (nearest peak). ● The next target if it exceeds the top: 9.50 - 10.00 USDT. In general, the main trend is still the price increase. Investors who are holding can continue to hold their positions, while the new buying point is more suitable when the price adjusts to the support areas instead of chasing at the current high price area.

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