$LUMIA Showing Signs Of Distribution Near Resistance Bears Watching For Breakdown
Trade Setup: Short
Entry Zone: $0.1360 - $0.1370
TP1: $0.1310
TP2: $0.1260
TP3: $0.1212
SL: $0.1437
I'm bearish on $LUMIA after the strong rally lost momentum and price started consolidating below resistance. Multiple failed attempts to push higher suggest sellers are defending the area and a deeper pullback remains possible.
I'm looking for further downside as long as $LUMIA stays below the resistance zone. Use maximum 20x leverage and move SL to entry as soon as the trade goes into profit.
Trade Here On ๐
Trade Setup: Short
Entry Zone: $0.1360 - $0.1370
TP1: $0.1310
TP2: $0.1260
TP3: $0.1212
SL: $0.1437
I'm bearish on $LUMIA after the strong rally lost momentum and price started consolidating below resistance. Multiple failed attempts to push higher suggest sellers are defending the area and a deeper pullback remains possible.
I'm looking for further downside as long as $LUMIA stays below the resistance zone. Use maximum 20x leverage and move SL to entry as soon as the trade goes into profit.
Trade Here On ๐