What if $LUMIA hasn’t finished climbing yet... and the real squeeze hasn’t even started? 👀
Guys, I’m opening a large long position on $LUMIA here.
Take profit: $0.1390
Stop loss: $0.0900
After the first strong move up of 36%+, $LUMIA didn’t collapse right away. Instead, it spent several hours consolidating, holding the same zone and gradually building a new opportunity.
That’s what caught my attention.
Many traders are still holding on to their short positions after the initial move, while the larger short liquidation zone is much higher, near $0.1390.
If buyers continue defending this low, I think one sharp move could be enough to trigger short liquidations and push the price quickly toward that liquidity.
I’m entering the long before that happens.
If the price reaches around $0.1250, I’ll start taking partial profits and let the rest run toward the main target.
This could move fast, so manage your risk wisely.
Good luck—let’s see if LUMIA$ targets the shorts next.
#LUMIA #CryptoTrading #TradingCommunity
Guys, I’m opening a large long position on $LUMIA here.
Take profit: $0.1390
Stop loss: $0.0900
After the first strong move up of 36%+, $LUMIA didn’t collapse right away. Instead, it spent several hours consolidating, holding the same zone and gradually building a new opportunity.
That’s what caught my attention.
Many traders are still holding on to their short positions after the initial move, while the larger short liquidation zone is much higher, near $0.1390.
If buyers continue defending this low, I think one sharp move could be enough to trigger short liquidations and push the price quickly toward that liquidity.
I’m entering the long before that happens.
If the price reaches around $0.1250, I’ll start taking partial profits and let the rest run toward the main target.
This could move fast, so manage your risk wisely.
Good luck—let’s see if LUMIA$ targets the shorts next.
#LUMIA #CryptoTrading #TradingCommunity