I know what you are thinking $LUMIA already pumped… so why am I still looking for a LONG? 👀
Because I don’t think the real move is finished yet.
I’m going to open a BIG LONG on $LUMIA here.
TP: $0.255
SL: $0.123 👇🏻
Yes, price has already moved hard, but the market is still holding strength instead of giving everything back.
And now the interesting part: after this pump, a lot of traders are starting to short it because they think the top is already in.
That’s exactly why I’m careful about standing against the move too early.
If those shorts keep building and $LUMIA holds this structure, we can get another squeeze higher and from here, I still think there’s room for roughly another 40–50% move.
I’m not saying it has to go straight up without any pullback.
But if momentum expands again, the next move can turn parabolic very quickly.
So I’m staying with the long side here.
The first pump got everyone’s attention. I think the next one could punish the people who shorted it too early.
Because I don’t think the real move is finished yet.
I’m going to open a BIG LONG on $LUMIA here.
TP: $0.255
SL: $0.123 👇🏻
Yes, price has already moved hard, but the market is still holding strength instead of giving everything back.
And now the interesting part: after this pump, a lot of traders are starting to short it because they think the top is already in.
That’s exactly why I’m careful about standing against the move too early.
If those shorts keep building and $LUMIA holds this structure, we can get another squeeze higher and from here, I still think there’s room for roughly another 40–50% move.
I’m not saying it has to go straight up without any pullback.
But if momentum expands again, the next move can turn parabolic very quickly.
So I’m staying with the long side here.
The first pump got everyone’s attention. I think the next one could punish the people who shorted it too early.