🔻 $LUMIA SHORT SETUP 🔴
Sellers are stepping in — here's the setup. ⚡
LUMIA has experienced an unsustainable nearly 60% surge in 24 hours on substantial volume, indicating potential overextension. A short position is initiated here to capitalize on the high probability of profit-taking and mean reversion.
📊 24h: +59.53% | Vol: $28,554,134
Trade Plan
Entry: 0.17070000
Stop Loss: 0.17950000
TP1: 0.16550000
TP2: 0.16050000
TP3: 0.15550000
⚖️ Risk:Reward (TP1) — 1:0.59
Trigger:
Observing initial signs of seller dominance after the significant rally.
Risk Note:
Extreme volatility is expected following such a significant price increase. Manage position size carefully and adhere strictly to the stop loss as further upside cannot be entirely ruled out.
Which target are you eyeing first? 👇
#LUMIA #lumia
Sellers are stepping in — here's the setup. ⚡
LUMIA has experienced an unsustainable nearly 60% surge in 24 hours on substantial volume, indicating potential overextension. A short position is initiated here to capitalize on the high probability of profit-taking and mean reversion.
📊 24h: +59.53% | Vol: $28,554,134
Trade Plan
Entry: 0.17070000
Stop Loss: 0.17950000
TP1: 0.16550000
TP2: 0.16050000
TP3: 0.15550000
⚖️ Risk:Reward (TP1) — 1:0.59
Trigger:
Observing initial signs of seller dominance after the significant rally.
Risk Note:
Extreme volatility is expected following such a significant price increase. Manage position size carefully and adhere strictly to the stop loss as further upside cannot be entirely ruled out.
Which target are you eyeing first? 👇
#LUMIA #lumia