Binance Technical Analysis: $LUMIA

/USDT Price Targets 🎯

Here's a technical analysis post draft for Binance with a focus on three price targets:

💫Keep an eye on this; currently, it is in a consolidation phase. It might turn bullish, or it could drop further into a bearish trend. So, pay close attention to it as it could prove beneficial for us.🪙

LUMIA/USDT has been showing strong momentum, but where are we headed next? Let's break down the key technical levels and targets.

Key Levels to Watch:

Target 1: $1.75

A breakout above $1.75 would signal continued bullish momentum, with the next resistance level in sight.

Target 2: $1.61

The current price sits at $1.61, which has been a solid support zone. If it holds here, LUMIA could push toward the next resistance at $1.75.

Target 3: $1.45

If we see a pullback, $1.45 would be a key support level to watch for potential reversals or consolidation before a move higher.

Momentum Indicator:

LUMIA has been trading near its highs, with an impressive 18.11% increase in the last 24 hours. Watch for any breakouts or retracements to guide your trades.

Stay alert and plan your entries wisely! 🚀

#LUMIA #TechnicalAnalysis #Binance #CryptoTrading #TargetPrices