$LUMIA — Bulls Trying to Defend the 1H Support Zone!
Long $LUMIA
• Entry: 0.0665 – 0.0680
• Stop Loss: 0.0652
• TP1: 0.0708
• TP2: 0.0740
• TP3: 0.0788
LUMIA is currently under strong selling pressure on the 1H chart, but price is sitting near a key demand area where a relief bounce could develop if buyers step in.
Why this setup?
• Price is testing a major support zone
• Downtrend momentum may slow if buyers absorb this dip
• A reclaim above 0.0680 can open the door for a strong recovery move
Invalidation
• A clean break below 0.0652 would weaken the bullish idea and favor further downside.
Patience is key here — let the market confirm the bounce before entering.
Trade $LUMIA
LUMIAUSDT
Perp
0.06508
-11.99%