🚀 $LUMIA

/USDT Technical Analysis 🚀

The LUMIA/USDT pair has been showing promising upward momentum with a current price of $1.294, reflecting a +4.69% change in the last 24 hours. As the market continues to develop, let's break down the technical outlook and highlight key target levels for potential trades. 🎯

Key Levels to Watch:

1️⃣ First Target: $1.340

The 24h High at $1.340 stands as a strong resistance point. If LUMIA/USDT maintains its upward trend, a break above this level could lead to a continued rally towards higher levels.

2️⃣ Second Target: $1.236

After a slight pullback, $1.236 could serve as a short-term support level. If the price consolidates here, we might see another push upward. Watch for a solid bounce at this level for potential entry points.

3️⃣ Third Target: $1.201

As the 24h Low, $1.201 represents a critical support zone. If the price tests this level, it could provide an opportunity to buy at a discounted price, anticipating a recovery from here.

Trade Strategy:

Bullish Scenario: A break above $1.340 could signal further bullish momentum, targeting $1.40 and beyond.

Bearish Scenario: A drop below $1.201 might indicate a deeper correction, with support at $1.150.

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