$LUMIA Alert

Massive Short Liquidation Spotted.

🔸 Amount: $1,131.9

🔸 Price Level: $1.504

The market just saw a massive short liquidation on $LUMIA, indicating a possible bullish move ahead. Let’s dive into what this means for traders and what you should watch for next.

Key Levels to Watch.

Buy Zone: $1.450 - $1.490

This is the potential area to enter safely if prices retrace slightly.

Targets.

Target 1: $1.560

Target 2: $1.610

Target 3: $1.650

Stop Loss: Below $1.420

Keep this as a safeguard to minimize risk.

Market Analysis.

The liquidation suggests that sellers are losing momentum, which can lead to a price surge.

Buyers are likely to take control near the $1.450-$1.490 range, pushing prices higher toward the set targets.

Strategy Suggestion.

1. Patience is Key: Wait for a pullback into the buy zone before entering.

2. Set Targets Wisely: Don’t chase the price; stick to your target levels.

3. Use Stop-Loss Strictly: Protect your capital with a disciplined stop-loss.

Actionable Insight: If momentum sustains, $LUMIA could break the $1.560 level and head toward the next resistance zones. However, always manage risk carefully.

This analysis is purely for informational purposes. Trade wisely and consider market volatility.

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