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Almost nobody saw this $LAB move coming until it was too late.
The way it just verticalized after breaking that slow accumulation zone around 0.10 is wild. We are up over 32% now and it’s hitting a bit of a wall at 0.142.
I’m seeing some wick rejection on the 1h chart right at the top. It’s overextended, so I wouldn’t be surprised to see a cooldown or a backtest of 0.125 before it even thinks about going higher.
Don't chase the green candles. I'm waiting for a setup on the retest.
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