$LUMIA /USDT: Consolidation Phase
Current Price: $1.335
Trade Setup:
• Entry Zone: $1.3200–$1.3400
• Stop Loss (SL): $1.3000
• Take Profit (TP):
• TP1: $1.3800
• TP2: $1.4500
• TP3: $1.5500
Analysis:
$LUMIA has been consolidating near the $1.30 support level. A break above $1.3400 with higher volume could lead to a bullish reversal. However, a rejection could push prices back toward the key support zone.
Trading Strategy:
Look for a breakout confirmation before entering. Consider taking partial profits at each target and trailing your stop loss to lock in gains as the price progresses.