$LUMIA Alert
Massive Short Liquidation Spotted.
🔸 Amount: $1,131.9
🔸 Price Level: $1.504
The market just saw a massive short liquidation on
$LUMIA , indicating a possible bullish move ahead. Let’s dive into what this means for traders and what you should watch for next.
Key Levels to Watch.
Buy Zone: $1.450 - $1.490
This is the potential area to enter safely if prices retrace slightly.
Targets.
Target 1: $1.560
Target 2: $1.610
Target 3: $1.650
Stop Loss: Below $1.420
Keep this as a safeguard to minimize risk.
Market Analysis.
The liquidation suggests that sellers are losing momentum, which can lead to a price surge.
Buyers are likely to take control near the $1.450-$1.490 range, pushing prices higher toward the set targets.
Strategy Suggestion.
1. Patience is Key: Wait for a pullback into the buy zone before entering.
2. Set Targets Wisely: Don’t chase the price; stick to your target levels.
3. Use Stop-Loss Strictly: Protect your capital with a disciplined stop-loss.
Actionable Insight: If momentum sustains,
$LUMIA could break the $1.560 level and head toward the next resistance zones. However, always manage risk carefully.
This analysis is purely for informational purposes. Trade wisely and consider market volatility.
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