LAB: 17.9M Tokens Shifted as Price Falls 35%

LAB faced fresh selling pressure on July 13 when an entity moved 17.9M tokens worth $7.2M from Bitget to a Kucoin address, then immediately transferred 5M onward before dumping via Aster spot.

Price action now sits at $0.29 inside a bearish trend where the EMA50 at $3.43 and EMA200 at $8.77 cap any recovery, while RSI at 24.28 marks oversold territory and the MACD golden cross offers the lone bullish signal; with the token trading inside Bollinger bands, the next volatility exhaustion target remains the upper band at $0.89 before any sustained move higher.