馃搳 $LUMIA
/USDT Technical Analysis: Eyes on the Prize! 馃幆
LUMIA/USDT has been making waves with a 16.11% surge today, showing strong bullish momentum. Let's break down the technicals and identify 3 potential targets for traders to keep in focus:
馃洜 Key Levels:
Support: $1.330 (recent low, strong buyer interest zone)
Resistance: $1.658 (24h high, a key selling pressure area)
3 Potential Targets:
1锔忊儯 $1.700
This is the next psychological resistance. A breakout above $1.658 could trigger momentum to test this zone.
2锔忊儯 $1.850
A previous high and a critical level where profit-taking might intensify. Volume and RSI will be key indicators here.
3锔忊儯 $2.000
The ultimate short-term bullish target. Achieving this level would indicate strong market sentiment and increased community engagement.
馃搱 Indicators to Watch:
RSI: Approaching the overbought zone, indicating bullish strength but watch for possible corrections.
Volume: High volume signals strong community interest; any dip in volume could indicate consolidation.
馃挕 Strategy Suggestion:
Bullish Outlook: Enter near $1.600-$1.620 with targets at $1.700 and $1.850.
Bearish Risk: If price dips below $1.330, reconsider long positions.
馃敟 Trade Smart, Stay Informed!
Where do you see LUMIA heading next? Share your thoughts below!
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