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LAB's recent performance has indeed attracted a lot of attention. Driven by massive trading volume, this coin has achieved a strong breakout, with main funds actively accumulating rather than being suppressed by bears.
While the daily increase exceeds 40%, the open interest is also rising significantly, which usually indicates an influx of new capital. After the breakout, the price did not experience a rapid pullback, suggesting good buying quality and a gradually dominant bullish atmosphere. The market structure has clearly shifted to a bullish dominance.
From a technical perspective, if you are considering entering, you might look for opportunities in the 0.210-0.218 range. A strict stop-loss is set at 0.195, which is the last line of defense. The upward targets are respectively 0.250 and 0.285, both of which are worth paying attention to as profit zones.
Pullbacks on the LTF( lower-level timeframes) are often good entry points, provided the price holds above the 0.195 support. As long as the bulls do not break this line, the upward momentum is expected to continue.