LAB: Rewards season launch sparks explosive rally LAB surged 27.1% to $7.29, massively outperforming the broader market after the launch of a new rewards season. Key points: • A new rewards campaign reignited user activity and buying interest. • More than $4M in short positions were liquidated, fueling a powerful short squeeze. • Futures inflows increased sharply, showing strong speculative demand. • The rally pushed LAB close to its all-time high. Key levels: • Resistance / ATH: $7.77 • Bullish breakout target: $9–$10 • Support: $6.50 • Major support: $5.00–$5.50 Outlook: Momentum remains strongly bullish, but the move is becoming stretched after a 27% daily gain. Holding above $6.50 keeps the path open for a retest of $7.77. A breakout above ATH could trigger another leg higher, while failure to hold support may lead to a pullback toward the $5 area. 🚀📈