The $LUMIA /USDT chart shows a strong bullish trend. The price has broken above a key resistance level, indicating a potential upward move.
Trade Recommendations:
* Long Trade: Enter long at the current price of 1.277. Set a target of 1.588 (the recent high) and a stop-loss at 0.941 (the recent low).
* Short Trade: Avoid going short at this point as the overall trend is bullish.
Market Outlook:
Given the bullish breakout and the strong upward momentum, the market is likely to continue its ascent. Traders should monitor the next resistance level at 1.588.
Leverage:
Use leverage wisely. High leverage can amplify both profits and losses. Always manage risk effectively.
