🚨 Trading Signal Alert🚨$LUMIA /USDT

The LUMIA/USDT pair is currently trading at $1.562, showing recent upward momentum with a 24-hour gain of +4.62%. The price reached a 24-hour high of $1.790, indicating a bullish attempt, but has since retraced to a lower range. The Relative Strength Index (RSI) at 35.96 suggests slight bearish momentum in the short term, as it's nearing the oversold territory.

Key levels to monitor:

Resistance: $1.645 (minor), $1.790 (major breakout zone)

Support: $1.453 (critical support zone), $1.332 (major support)

Trade Setups

Short Trade Signal:

Entry Price: $1.560 - $1.580

Take-Profit Targets:

1. $1.480

2. $1.450

3. $1.350

Stop Loss: $1.620

Long Trade Signal:

Entry Price: $1.560 - $1.580 (upon breakout confirmation)

Take-Profit Targets:

1. $1.650

2. $1.720

3. $1.790

Stop Loss: $1.490

Indicators

Resistance Levels (White): $1.645, $1.790

Bullish Signals (Green): Positive upward movement around $1.560 could trigger buying interest.

Bearish Signals (Red): Failure to hold above $1.453 may push prices into a declining trend.

Cautionary Notes

Monitor the volume and momentum for confirmation of a breakout above $1.645 for a long position.

A breakdown below $1.453 could signal further bearish pressure—use stop losses strictly.

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