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#support levels

Market Analysis

LAB Token Drops 34% to $9 as Leverage Unwinds and $7.65 Support Comes Into Focus

LAB token plunged 34% to $9.00 within 24 hours as leveraged positions rapidly unwound and tokenomics concerns intensified selling pressure. Open Interest fell 23% to $130.39 million while the $7.65 support level becomes the key zone to watch.

July 2, 2026

LAB Token Drops 34% to $9 as Leverage Unwinds and $7.65 Support Comes Into Focus