Lovelace with state-dependant colors

The only way I know of to change text color of state_label based on state need to use the config-template-card.

Here is an example, when binary_sensor.wyze_sensors is on, text is cyan, when off, it’s red:

      - type: 'custom:config-template-card'
        entities: [binary_sensor.wyze_sensors]
        card:
           type: picture-elements
           image: /local/banner2.png?v=3
           elements:     
           - type: state-label
             entity: binary_sensor.wyze_sensors
             style: 
               top:  50%
               left: 50%
               font-size: 0.7vw
               color: "${if (states['binary_sensor.wyze_sensors'].state === 'off') 'red';else 'cyan'}"      

Help that helps.