$LUMIA /USDT — BEARS IN FULL CONTROL AS SUPPORTS CRUMBLE
$LUMIA is under intense selling pressure, sliding over 16% in the last 24 hours. Price has broken through the $0.315–$0.312 support range and is now hovering just above $0.309 — the day’s low. Weak buy-side volume and consistent lower highs suggest bears may target deeper lows if $0.309 fails to hold.
Trade Setup (Short Bias)
Entry Zone: $0.311 – $0.314
Take Profit 1: $0.300
Take Profit 2: $0.288
Stop Loss: $0.320
Market Outlook:
Momentum remains firmly bearish with sellers dominating 53% of order flow. Unless a strong bounce emerges above $0.320, the trend favors further downside toward the $0.29 zone. Scalpers should watch for potential breakdown continuation plays.