$LUMIA It’s up 52.8% in three days, and is now at 0.1249.
What’s really worth watching is the volume. Trading volume over the past three days is 32.19 times that of the preceding four days, and today it’s already hit 31.2M USDT.
The price is moving up, and volume is expanding along with it. That suggests this isn’t just existing holders trading back and forth—new money is continuing to flow in. This kind of setup is much more solid than a single big green candle, which often gives back its gains within a day.
My take: if volume continues to grow and the price holds above the level it rose to a few days ago, the trend can keep going. But if volume dries up and the price falls back to where the move started, then consider this run over.
#LUMIA #TrendTrading
What’s really worth watching is the volume. Trading volume over the past three days is 32.19 times that of the preceding four days, and today it’s already hit 31.2M USDT.
The price is moving up, and volume is expanding along with it. That suggests this isn’t just existing holders trading back and forth—new money is continuing to flow in. This kind of setup is much more solid than a single big green candle, which often gives back its gains within a day.
My take: if volume continues to grow and the price holds above the level it rose to a few days ago, the trend can keep going. But if volume dries up and the price falls back to where the move started, then consider this run over.
#LUMIA #TrendTrading