๐จ $LUMIA /USDT ALERT: Bullish Surge, But Caution Ahead! ๐จ
$LUMIA is trading at 1.325, up +29.14%, after a sharp breakout to a high of 1.480. The price is consolidating, with signs of cooling off.
๐ Key Levels to Watch:
๐ผ Resistance: 1.400 โ A breakout above this could drive targets to 1.500 and beyond.
๐ฝ Support: 1.250 โ Holding this level is crucial to maintain bullish momentum. A drop below might lead to 1.150 or lower.
๐ฏ Trade Setup:
โข Long Entry: Above 1.350 for targets at 1.400 | 1.450 | 1.500
โข Short Entry: Below 1.250 for targets at 1.200 | 1.150 | 1.100
โข Stop Loss: Long: 1.300 | Short: 1.275
โก Market Insight: The breakout has been driven by significant volume, but a retracement or consolidation could follow. Monitor price action at critical levels for further moves.