$LUMIA /USDT is currently trading at $1.398, showing a significant drop of 19.75% in the past 24 hours. The price is retreating after an explosive high of $4.060, with current support found at $1.316. If LUMIA fails to hold this support, further decline toward $0.650 could occur.

On the upside, if it can regain bullish momentum and break resistance at $1.788, we might see another attempt to challenge higher levels. The sharp decline suggests caution, as the market seems to be experiencing strong selling pressure following its previous spike.

Keep an eye on volume to gauge potential reversals.

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