$LUMIA

/USDT Trade Strategy: Layer 1 Market Opportunity💥

Entry:

Buy around 1.3700–1.3900, close to the current price, targeting a potential recovery.

Targets:

🎯 Target 1: 1.4200 - First resistance level, ideal for partial profit-taking.

🎯 Target 2: 1.4500 - Mid-level resistance, aiming for further upward movement.

🎯 Target 3: 1.5000 - Near the 24h high, perfect for final profit-taking.

Stop Loss:

Set stop loss at 1.3500 to manage downside risk.

Setup:

Trend: Bearish in the short term, but potential for recovery in the Layer 1 space.

Volume: Moderate volume, indicating potential for upward movement.

Risk Management: Use trailing stops after hitting Target 1 to lock in profits.

This strategy captures possible gains in the Layer 1 market while effectively managing downside risk.

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