Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
LAB is experiencing a strong breakout driven by substantial capital inflows, with the price clearly indicating that the main force is actively accumulating rather than a short squeeze.
From a technical perspective, LAB's daily increase has exceeded 40%, and the open interest has significantly risen in tandem, which is a typical signal of a market maker eating up chips. The key point is—after the breakout, there was no immediate pullback, indicating that buying pressure is genuinely healthy and the market structure has clearly shifted to a bullish drive.
**Trading Strategy:**
📍 Long position
📍 Entry zone: 0.210-0.218
📍 Hard stop loss: 0.195
📍 Target 1: 0.250
📍 Target 2: 0.285
A retracement at the low point on the LTF level is actually the golden opportunity to enter. As long as the price holds above the 0.195 support line, the upward momentum is likely to continue. In the short term, the bulls have indeed taken control of the rhythm.