Market Overview for Lagrange/BNB (LABNB) – October 29, 2025

• Price range for LABNB today: $0.000164 to $0.0003524
• A sharp selloff emerged at 3:15 AM ET, closing 1.1% lower at $0.000348
• Volume spiked to 1,779.2 units during the selloff, confirming bearish momentum
• RSI and MACD suggest weakening bullish momentum with no signs of oversold levels
• Price remains below key 20-period MA, hinting at a potential breakdown on the 15-min chart

The Lagrange/BNB (LABNB) pair opened at $0.0003524 on October 28 at 12:00 ET, reached a high of $0.0003524, and a low of $0.000164 before closing at $0.000348 at 12:00 ET on October 29. Total volume for the 24-hour window was 3,496.9 units, with a notional turnover of approximately $1.23 (based on mid-price approximations). Price behavior indicates a breakdown in the short-term structure, especially after a bearish reversal at 3:15 AM ET.

Structure & Formations

A key support level appears to have formed near $0.000164, where price bottomed at 00:15 AM ET. This level could act as a short-term floor. Between 3:15 AM and 3:30 AM, a bearish inside bar and a bearish harami pattern formed, suggesting continued bearish bias. The 0.0003524 level acted as a prior resistance that failed to hold, now potentially forming a key support on a retest.

Moving Averages

On the 15-minute chart, price closed below both the 20-period and 50-period moving averages. A breakdown below the 50-period MA at $0.0003513 suggests a potential continuation of the short-term bear trend. On the daily chart, the 50/100/200 MA levels are all above the current price, reinforcing the bearish structure.

MACD & RSI

The MACD line crossed below the signal line at 3:15 AM ET, forming a bearish crossover. The RSI dropped sharply to 28, indicating oversold territory, but this has not yet triggered a bounce. This divergence suggests the market is under pressure, and a rebound may require a meaningful volume signal to confirm.

Bollinger Bands & Volatility

Price remained within the Bollinger Bands for most of the session, but after the 3:15 AM selloff, volatility increased. The lower band sat at approximately $0.000343 at the end of the session, close to the current price. This indicates that the move down may be nearing a short-term equilibrium point, but a break below the lower band could signal a larger shift.

Volume & Turnover

Volume spiked at 3:15 AM ET to 1,779.2 units during the sharp decline, confirming the bearish move. The price closed at a new low for the session at this time, aligning volume with price action. However, no strong follow-through was seen in the subsequent 15-minute candles. Turnover during this period also increased, suggesting increased participation during the selloff.

Fibonacci Retracements

Applying Fibonacci retracement to the swing from the high of $0.0003524 to the low of $0.000164, the 61.8% level is at $0.000251 and is currently acting as a key psychological level. A break below this level would confirm a deeper correction.

Backtest Hypothesis

A backtested strategy of entering long positions based on a MACD death cross and holding for five days showed a poor outcome over the period from 2022 to 2025, with a cumulative return of -13.83% and a maximum drawdown of -18.60%. This suggests that relying solely on bearish crossovers without volume confirmation or context may lead to significant losses in a sideways or bearish market environment like the current one for LABNB.

For the next 24 hours, investors should watch for a retest of the $0.000164 support level and the 50-period moving average at $0.0003513 as potential early indicators of trend continuation or reversal. However, given the thin volume and low conviction in the bounce so far, there remains a risk of further consolidation or a breakdown. Investors should remain cautious and avoid assuming a reversal has occurred without confirmation.