Graphic analysis #LUMIA :

1. Levels:

• Support: 1,600 (key zone of buyer interest).

• Resistance: 1,790 (level for breakout).

2. Indicators:

• MACD: Moderate bullish momentum, signal for growth.

• Bollinger Bands: Contraction of channels, indicating a possible price breakout.

3. Volumes:

• Increase in volumes at 1,600 confirms buyer activity.

• Decrease in volumes at resistance indicates weakening of sellers.

4. Scenarios:

• Bullish: Consolidation above 1,790 opens the way to targets 2,000–2,100.

• Bearish: A drop below 1,600 may lead to a decline to 1,500.

5. Recommendations $LUMIA :

• Entry into long positions: From 1,600–1,610 or on breakout of 1,790.

• Stop-loss: Set below 1,580 to limit risk.

• Targets: First target — 1,790, second target — 2,000.

#lumia # Binance #investing #bestcoins #bullish2024 $SOL $LUMIA