#CryptoFamily listen to me carefully…
$LUMIA just printed a strong impulsive move and now showing clear rejection at the top, setting up for a bearish pullback...
Entry Range: 0.1820 – 0.1850
Stop Loss: 0.1885
Targets:
TP1: 0.1750
TP2: 0.1680
TP3: 0.1600
After a sharp vertical rally, price got heavily extended and tapped into a strong resistance zone near 0.185. The rejection candles at the top indicate that buyers are losing momentum and sellers are starting to take control.
This kind of move usually leads to a correction phase as early buyers take profits and late entries get trapped. The structure also shows a potential lower high forming, which strengthens the bearish bias for a retracement.
As long as price stays below this resistance zone, downside pressure is likely to continue toward previous support levels.
Invalidation: If price breaks and holds above 0.1885, this bearish setup is invalid and trend continuation to the upside becomes more likely.