š $LUMIA Analysis & Prediction š„
$LUMIA has shown strong bullish momentum, breaking past the $1.40 resistance zone and reaching a high of $1.509. It is currently retracing slightly, testing the $1.45 support zone. A breakout above $1.50 could lead to a continuation of the uptrend.
Key Levels to Watch:
Immediate Resistance: $1.50
Major Resistance: $1.55
Support Levels: $1.45 and $1.40
Next Target Levels:
Bullish: $1.55 and $1.60
Bearish Breakdown: $1.35
Trading Strategy:
Long Entry: Buy above $1.50, targeting $1.55-$1.60.
Short Entry: Sell if price drops below $1.40, targeting $1.35.
Risk Management:
Stop-Loss: Below $1.40 for long positions.
With strong volume and positive momentum, LUMIA is poised for further gains if it clears the $1.50 barrier. Keep it on your radar!