🔴 $LAB Long Liquidation: $1.2324K at $0.1285
The $LAB market has just experienced a long liquidation worth $1.2324K at $0.1285, signaling that leveraged bullish positions were forced to exit. Liquidation events often increase volatility and can mark a turning point as excessive leverage is cleared from the market. If buyers defend the current price zone with rising volume, sentiment could shift quickly. If support fails, sellers may push for another leg lower before a stronger recovery attempt begins.
Support: $0.1260–0.1280
Resistance: $0.1320–0.1350
Next Target 🎯: $0.1400, followed by $0.1480 if resistance is broken with strong momentum.
Pro Tip:
A liquidation event is not a trading signal by itself. Watch for confirmation through price action, volume, and a successful reclaim of resistance before entering a position. Protect capital with disciplined risk management and avoid trading solely on market emotion.$LAB #Visa expands stablecoin payments #CLARITY Act procedural delay #Fed rate decision uncertainty #Coldcard wallet seed vulnerability exploited #UK-US reaffirm stablecoin rules
