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Wait, did everyone just stop looking at $LAB ?
The 1h chart is actually doing something interesting here after that nasty bleed from the 0.15s. We finally caught a bounce off 0.1088 and now we're just grinding sideways.
It looks like the selling pressure is finally exhausting itself but the volume is still pretty mid. If we can actually hold this 0.114 area and flip it into support, we might see a decent relief rally back toward 0.125.
If this level snaps though, it's going to get ugly fast. I'm just watching the price action for a clear rejection or a solid breakout candle before doing anything.
Patience pays.
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