$LAB The Bearish Curtain Opens! 🚨
The 15-minute chart just confirmed a reversal at 0.13554, and the trend-following line at 0.13713 has become a strong resistance. The price has fallen more than one ATR below this line, indicating clear selling pressure.
After the MACD death cross, momentum has plummeted, with a nearly 70% decline in the past 5 days! The bears are fully in control. The support zone below is dense, but currently, only the 0.14156 level acts as a weak resistance, and the downward channel is wide.
The current price of 0.13554 marks the start of a new downtrend. In the early sta