๐จ๐ฅ CRITICAL ALERT: $LUMIA/USDT AT A MAKE-OR-BREAK LEVEL โ BIG MOVE AHEAD! ๐ฅ๐จ
The $LUMIA /USDT chart indicates consolidation with price swings between a high of 1.099 USDT and a recent low of 1.002 USDT. Currently, the price sits around 1.048 USDT, showing signs of potential volatility as the market readies for its next move.
๐ก CRITICAL Levels to Watch NOW: ๐ก
๐ง Resistance Zone: 1.084 - 1.099 USDT โ Breaking through this resistance zone is essential for a bullish push. A strong move above 1.099 USDT could spark buying interest, propelling the price toward 1.120 USDT or beyond.
๐ Support Zone: 1.002 USDT โ This is the key support level that traders need to monitor closely. If $LUMIA drops below 1.002 USDT, a further decline toward 0.990 USDT or lower could be imminent. Holding above this level is crucial to avoid a bearish extension.
๐ CRITICAL DECISION POINT โ WHATโS THE MOVE? ๐ฎ
โ ๏ธ Bearish Scenario: If LUMIA/USDT fails to maintain support at 1.002 USDT, expect a potential drop toward the next support at 0.990 USDT. A breakdown below this level could lead to increased selling pressure, triggering a further decline.
๐ Bullish Breakout Potential: However, if LUMIA manages to break and hold above 1.099 USDT, it could initiate a rally. This breakout could push the price up to 1.120 USDT, setting the stage for a bullish continuation if buying momentum sustains.
Recommendation: Traders should watch for a breakout above 1.099 USDT for a long position or a breakdown below 1.002 USDT for a short entry. Use stop-loss orders to mitigate risk due to the high volatility around these levels.
#LUMIA #CryptoAlert #MarketWatch #Write2Earn! #CryptoAMA #BreakoutOrBreakdown #BinanceTraders