$LUMIA /USDT: Bull Run Momentum in Action!🔥💯

The chart for LUMIA/USDT indicates a strong bullish momentum as the price currently trades at $1.374, up by +2.23% in the past 24 hours. This positive trend suggests an upward movement with a potential breakout.

Analysis:

• 24-Hour High: $1.387

• 24-Hour Low: $1.241

• 24-Hour Volume: 8.53M (LUMIA)

• Technical Timeframe: 15-minute intervals, showing consistent higher lows and higher highs.

Entry Point:

• Current Price: $1.374

• Suggested Entry Zone: $1.360 - $1.380

Targets:

1. Short-Term Target 1: $1.420

2. Short-Term Target 2: $1.460

3. Extended Target: $1.500 (if volume and momentum persist)

Stop-Loss:

• To manage risk, place a stop-loss at $1.320.

Risk Management:

• Ensure proper risk-to-reward ratios are followed (e.g., 1:2 or higher). Avoid over-leveraging positions.

This setup offers a great opportunity for traders to capitalize on the bullish wave while safeguarding against downside risks with a stop-loss strategy. Always conduct your analysis before entering trades.

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