Can $LUMIA hold $0.0840, or is this chop about to turn ugly? 👀
Price is $0.0841, down 2.21% today and 3% over the latest 4h window. RSI sits at 58, but volume is just $1.22M, only 0.2x its 20d average, while longs pay 0.005% funding.
That’s not conviction.
$BTC isn’t giving much cover either. At $0.0840, I’d wait for a clean reclaim. Mixed MAs, 54% below the 30d high. 📉
#LUMIA #Trading
Price is $0.0841, down 2.21% today and 3% over the latest 4h window. RSI sits at 58, but volume is just $1.22M, only 0.2x its 20d average, while longs pay 0.005% funding.
That’s not conviction.
$BTC isn’t giving much cover either. At $0.0840, I’d wait for a clean reclaim. Mixed MAs, 54% below the 30d high. 📉
#LUMIA #Trading