🔴 $LAB LONG LIQUIDATION — $2.1077K AT $0.10424
A $2.1K long liquidation around $0.10424 shows that leveraged buyers were caught on the wrong side of the move. This kind of flush can create short-term volatility, but it can also reset overheated leverage and prepare the market for a cleaner move.
📍 Support: $0.1020–$0.1040
⚔️ Resistance: $0.1085–$0.1110
🎯 Next Target: $0.1150, with $0.1200 as the extended target if momentum strengthens.
The key level is $0.10424. If $LAB holds above this zone and buying volume returns, the liquidation could become a liquidity reset rather than the beginning of a deeper breakdown. A decisive move above $0.1110 would strengthen the bullish setup.
💡 Pro Tip: Don’t chase immediately after a liquidation spike. Wait for confirmation, watch volume, and protect your position with a defined invalidation level. High leverage can turn a small move into a major loss.
$LAB #Trump Media overhauls crypto treasury #Goldman acquires NEOS ETFs #Coldcard wallet vulnerability exposed #Hyperliquid seeks US market access #Fed holds interest rates
