Technical Analysis: $LUMIA / USDT (4H)

Trend & Price Structure: The LUMIA/USDT pair experienced an aggressive price spike (instant pump) from around $0.08175 to above $0.12000, before meeting resistance at $0.11460.

Support & Resistance:

Strong Support: $0.08175–$0.08500 area (previous consolidation zone).

Key Resistance: $0.12000–$0.12500 area, followed by the peak zone around $0.15000.

Price Action Characteristics: The last 4-hour candle left a long upper wick, indicating strong selling pressure above the $0.12000 level.

Trading Signals (Swing / Scalping Setup)

Recommendation: Wait and see / Place a limit buy order in the retracement area. Avoid FOMO buying at the current market price due to the risk of a sudden dump after the spike.

Long / Buy Setup (Buy the Dip/Pullback)

Entry Zone (Buy): $0.08800–$0.09200

Take Profit 1 (TP1): $0.10500

Take Profit 2 (TP2): $0.11400

Stop Loss (SL): $0.08000 (below the key support area)

Risk Management

Risk/Reward Ratio: ~1:2

Maximum Capital Allocation: 2%–5% of the total portfolio per trade.