LABS possibility

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If LABS can successfully break out of the falling wedge pattern it has been in since December and maintain a weekly close above it with a healthy consolidation period in that area, there is a potential for a rally towards the .005 region in the coming months. A favorable setup would involve RSI dropping below 30 and Bollinger Bands squeezing, indicating a possible expansion to the upside. Of course, this scenario assumes that BTC continues its upward trajectory, as it can greatly influence the broader market dynamics.

DYOR. Not financial advice.

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ملاحظة

Labs is on the 3rd week of consolidation outside of the wedge indicating possible validation for my analysis. There has also been a significant rise in Volume. Not financial advice.