🚀 $LUMIA Analysis & Forecast 🔥
$LUMIA has been showing impressive bullish momentum, breaking through the $1.40 resistance and hitting a high of $1.509. It’s currently retracing and testing the $1.45 support. A break above $1.50 could signal further upward movement.
Key Levels to Monitor:
Immediate Resistance: $1.50
Major Resistance: $1.55
Support Levels: $1.45 and $1.40
Next Target Levels:
Bullish: $1.55 and $1.60
Bearish: $1.35
Trading Plan:
Bullish Entry: Buy above $1.50, targeting $1.55-$1.60.
Bearish Entry: Sell below $1.40, targeting $1.35.
Risk Management:
Stop-Loss: Set below $1.40 for long positions.
With strong volume and positive momentum, $LUMIA is poised for potential gains if it breaks past the $1.50 level. Keep an eye on this one!