The LUMIA/USDT chart is presenting a strategic opportunity with a Descending Triangle formation. The critical support lies at $1.20โ$1.35 (green box), repeatedly validated by buyer interest. Price is hovering near the lower boundary, hinting at potential accumulation or seller exhaustion. While descending triangles often indicate bearish continuation, a breach of the upper trendline could trigger a bullish breakout. ๐ฅ
โ Aggressive Entry: Buy at the current price to position for a potential move.
โ Conservative Entry: Accumulate near the green support zone if the price dips or Enter after a successful breakout of the descending resistance line.
๐ฏ Profit-Taking Zones: Clearly marked on the chart for maximum trade efficiency.
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