$LUMIA
LUMIA has been trapped in a falling channel since launch ๐
Now pressing against the top โ a breakout above $0.63 could flip the script.
Next Fib targets: $0.88 โ $1.08 โ $1.29 if bulls take control.
Still early, but the coil is tighteningโฆ โณ
Potential Scenarios:
Bullish Breakout from Channel
If price breaks above the channel and clears $0.63, Fib targets open up:
$0.88 โ $1.08 โ $1.29.
Could trigger short covering and momentum buying.
Continued Channel Drift
The price continues to grind lower until support retests $0.22.
An extended accumulation phase before recovery.
Fakeout & Retest
Brief breakout above the channel, followed by a pullback to retest the breakout zone before a real rally.
