A $1.50K LONG liquidation just hit $LAB at $0.19674, flushing leveraged long positions and resetting short-term market structure. This liquidation sweep removes weak hands and often opens a volatility window as price searches for its next direction.
With leverage cleared, $LAB is now trading at a key reaction zone. If buyers step in and defend this level with volume support, $LAB could attempt a recovery move. Failure to hold may lead to further downside exploration before balance is restored.
Trade Setup
EP: 0.193 – 0.199
TP1: 0.215
TP2: 0.238
TP3: 0.270
SL: 0.182
Post-liquidation moves can be sharp — let price action confirm direction.
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