Post
$LAB is showing a notable bounce from the liquidity zone at 4.776, following a period of stable intraday consolidation. π Buyers have responded well to this support level, yet price action remains firmly below the previous resistance cluster. π
Volume is beginning to pick up near the lower range, signaling that demand has not evaporated despite the recent pullback. This suggests active accumulation rather than passive distribution. π
The immediate key to watch is the 4.81 handle. If LAB can hold above this threshold, a push back toward the 4.86 resistance zone becomes highly probable. π
However, a rejection at 4.86 would likely invite short-term selling pressure, as sellers look to defend that level. β οΈ
My focus remains on a clean reclaim of the higher range before committing to a directional bias. Patience is the edge here. π
#BitcoinETF6WeekInflows #SECDualTrackCrypto #OKXPreIPOPerpsGoLive @OKX Orbit
Disclaimer: OKX TR Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!