šØ ALERT: $LUMIA Gaining Momentum ā Key Levels to Watch! šØ
$LUMIA is trading at $1.948, up 9.87%, with a 24-hour high of $2.054. The recent surge from its low of $1.627 signals strong bullish momentum, with potential for further gains if critical levels are breached.
Key Levels to Watch
1. Resistance Level 1: $2.054 (24h High)
A breakout above this level could trigger the next leg upward.
2. Resistance Level 2: $2.200
Sustaining momentum here may open the door to a stronger rally.
3. Ultimate Resistance: $2.500
Reaching this zone would confirm a bullish breakout, attracting significant interest.
Support Levels
Support Level 1: $1.816 (EMA 7)
Holding this level is essential to maintain upward momentum.
Support Level 2: $1.705 (EMA 25)
A drop below this level may result in further consolidation toward $1.627.
Trade Setup
Long Entry: Above $2.054, targeting $2.200 and $2.500.
Short Entry: Below $1.816, aiming for $1.705 and $1.627.
Stop Loss: Place at $1.800 to manage risk effectively.
LUMIA is at a critical juncture, and traders should be prepared for heightened volatility. Watch these levels closely for opportunities!