$LUMIA: Liquidation Squeeze: Bears Trapped Near Critical Resistance
LONG SETUP LUMIA
Entry: $0.12400 - $0.12500
Stop Loss: $0.12000
Take Profit: $0.13350 (2R)
Key Levels: Support $0.08380 | Resistance $0.13570
Technical Analysis for $LUMIA: MACD histogram is positive and the MACD line sits above its signal, while EMA9, EMA21 and EMA50 are all aligned bullishly under price. RSI is overbought at 94.8, a key risk. A break above the current range could push price toward the 0.1357 resistance. Watch the 0.130 level; a drop below 0.120 invalidates the setup.
Market Context: BTC is in a bullish 24hour move and the broader market is broadly positive, supporting upward bias for altcoins.
LONG $LUMIA
LONG SETUP LUMIA
Entry: $0.12400 - $0.12500
Stop Loss: $0.12000
Take Profit: $0.13350 (2R)
Key Levels: Support $0.08380 | Resistance $0.13570
Technical Analysis for $LUMIA: MACD histogram is positive and the MACD line sits above its signal, while EMA9, EMA21 and EMA50 are all aligned bullishly under price. RSI is overbought at 94.8, a key risk. A break above the current range could push price toward the 0.1357 resistance. Watch the 0.130 level; a drop below 0.120 invalidates the setup.
Market Context: BTC is in a bullish 24hour move and the broader market is broadly positive, supporting upward bias for altcoins.
LONG $LUMIA