LAB maintains a bullish structure, demand is strong, it is challenging a key resistance level, and breakout should be watched.
🔷️ $LAB continues to respect the structure that was highlighted days ago. Three days ago, price was trading near the lower green support zone, and since then buyers have successfully defended every major pullback while pushing the market back toward the upper yellow resistance area. 📈
The recent recovery from the green zones confirms that demand remains active, and the current move is once again testing the key yellow resistance level. This area has repeatedly acted as a decision point, making the reaction here especially important for the next trend direction. 👀
From a technical perspective, the chart still shows a series of higher lows despite the volatility. As long as price remains above the green support cluster, the bullish structure remains intact. A decisive move above the current yellow resistance would strengthen momentum and open the door for a challenge of the next major yellow zone. 🎯
The fact that price recovered strongly after the previous rejection and returned to resistance within a few sessions is a sign of underlying strength. For now, the battle between buyers and sellers is taking place at a critical level, making this one of the charts worth watching closely in the coming days. 🔥
⚠️ Not financial advice.
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