$LUMIA /USDT 4H Trade Setup
Market Insight:
$LUMIA is showing bullish momentum with a +7.02% increase over the last 24 hours. Price is currently trading near $0.320 with good volume, indicating interest. The price action shows recent highs near $0.338 and lows around $0.294. This suggests a potential for continuation if buyers remain active.
Entry Zone:
$0.309 – $0.320
Ideal to consider entering within this zone, preferably on minor pullbacks closer to $0.309 for better risk/reward.
Targets:
Target 1: $0.338 (recent 24h high, near-term resistance)
Target 2: $0.341 (slightly above recent high, breakout zone)
Target 3: $0.350 (next psychological resistance level and possible breakout extension)
Stop Loss:
Below $0.291
This level is just under recent support and volume spike zones. If price breaks below this, momentum may weaken.
Key Levels:
Support: $0.291, $0.288
Resistance: $0.338, $0.341
Pivot: Around $0.320
Volume & Moving Averages:
Volume steady around 16.79M LUMIA / 5.33M USDT
MA(5): 102,417.75
MA(10): 264,144.75 (indicating short-term averages to watch for trend confirmation)
Pro Tip:
Look for confirmation from volume and candlestick patterns near entry zone. A strong close above $0.338 with volume could signal a good breakout opportunity. Keep stops tight to limit downside if price reverses below $0.291.
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