$LAB breaks key support, signaling further downside risk. Short setup with targets at 10.50 and below.

$LAB Bearish Breakdown | KuCoin

$LAB Bearish Breakdown Signals Further Downside Risk
Trade Setup: Short
Entry Zone: 11.20 – 11.50
TP1: 10.50
TP2: 9.50
TP3: 8.20
SL: 12.10
Price has lost support around the 200 EMA and sellers remain in control after repeated rejections from the 15–17 zone. The recent breakdown suggests bearish momentum could continue toward lower support levels if buyers fail to reclaim 11.80.
#Payments giants launch stablecoin consortium #Fed official hints at rate hikes #STRC yield and cash pressure debate return

CT consensus: $LAB breakdown signals bearish continuation below 11.50. Key levels at 10.50/9.50 in focus. Some debate if 15-17 zone rejections were false hope or valid bear flag. Broader macro context (Fed hints, stablecoin moves) adds bearish weight to technicals.

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