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$LAB — Short Liquidation Breakout
Define (Long):
LAB triggered a strong short liquidation, forcing bearish positions to close aggressively. Price moved through resistance with momentum, indicating that sellers were trapped. Post-liquidation price action shows consolidation above the breakout level, which often acts as new support.
Entry: 0.104 – 0.112
T1: 0.125 | T2: 0.145 | T3: 0.172
SL: 0.098
Sentiment (Long):
Sentiment has flipped bullish in the short term. With shorts cleared and price holding above the liquidation zone, continuation toward higher resistance levels remains favored.
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