$LUMIA USDT FACES REJECTION NEAR LOCAL HIGH — SHORT-TERM PULLBACK IN PLAY 🔻
LUMIA surged aggressively but failed to hold above the $0.375 resistance zone. The price is now sliding back into previous demand, with weakening bullish momentum and bearish pressure forming lower highs. A short retracement seems likely before any new upward move resumes.
🔻 Trade Setup – Short Position:
• Entry Zone: $0.368 – $0.370
• Take Profit 1: $0.360
• Take Profit 2: $0.351
• Stop Loss: $0.375
• Leverage: 10x
• Risk Allocation: 2–3% of wallet
📉 Market Outlook:
LUMIA’s rally appears overextended as price stalls near resistance and volume fades. If it breaks below the $0.366 support zone, a deeper correction toward $0.351 is expected. Bulls must reclaim $0.375 to regain momentum.
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