LAB: Team Burns 10M Tokens Worth $11.3M
LAB burns 10M tokens for $11.3M with price at $1.28, RSI 24.88 oversold and EMA50 resistance at $8.43.
SourceAnalysis
LAB team burned 10M $LAB tokens valued at $11.3M via BSC transaction.
Price sits at $1.28 inside Bollinger bands with upper resistance at $15.67. RSI(14) at 24.88 signals oversold conditions while MACD at -3.13 confirms death cross. EMA50 at $8.43 and EMA200 at $11.09 form key long-term resistance layers. Traders assessing LAB price prediction watch for potential bounce from oversold momentum before testing higher volatility bands amid broader crypto market crash pressures.
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