$LUMIA has moved above the 0.125 level. There are two possible scenarios next:
① It retests 0.125 and holds → the level becomes support, with the 24-hour high of 0.1833 as the first upside target.
② It falls back below 0.125 and can't reclaim it → this was probably a false breakout, so don't stay in the trade too long.
I personally put more weight on the buying support at the first retest.
#LUMIA
① It retests 0.125 and holds → the level becomes support, with the 24-hour high of 0.1833 as the first upside target.
② It falls back below 0.125 and can't reclaim it → this was probably a false breakout, so don't stay in the trade too long.
I personally put more weight on the buying support at the first retest.
#LUMIA