“Momentum favors that scenario in the near term,” — this is how analysts comment on the rapid surge of the LAB token, which jumped over 19% in a single day and reclaimed the $17 area due to aggressive buying by major players. Moreover, experts believe that on-chain positioning and bullish momentum give buyers a clear advantage, opening the path for the asset toward its next strong target near $19.

As market researchers stated — “This can be tracked by whale positioning: the long-to-short ratio stands at an impressive 260.67%, with 129 large holders maintaining $27.58 million in long positions.” But they further clarified that this does not mean a guaranteed continuation of the parabolic growth without pullbacks, as the current advance is happening on thin volume, and losing the critical support zone at the $13 level or the upcoming major unlock of 282 million tokens in August could quickly break the uptrend.