$LUMIA /USDT – Short Trade Signal! ⚠️ Dead Cat Bounce in Sight?
Current Price: $0.284 (+2.90%)
Timeframe: 1H Chart
$LUMIA pumped aggressively to $0.446 but failed to sustain above $0.30 and instantly got rejected. This kind of long wick and sudden retrace often signals a "liquidity grab" — and now the price is retesting previous demand, turning it into resistance. Momentum is weakening.
📉 Short Trade Setup:
Entry Zone: $0.288 – $0.295
TP1: $0.270
TP2: $0.258
TP3: $0.245
Stop Loss: $0.308
💡 Pro Tip: Watch for price failing to reclaim $0.30 – a confirmation candle here gives added conviction. Perfect setup for a fade.
Stay sharp, short smart! 🔻📉
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