$LUMIA Long Liquidation: $3.4081K at $0.10941
Long traders were caught as LUMIA failed to hold its short-term support and rolled over sharply. Buyers expected continuation, but selling pressure stepped in fast, triggering stop losses and forcing longs to exit. Liquidity below the range was taken cleanly, showing sellers took short-term control.
Entry (EP): $0.11060
Take Profit (TP): $0.10480
Stop Loss (SL): $0.11350
Market Outlook:
$LUMIA is under short-term bearish pressure after losing the liquidation level. If price stays below this zone, further downside or choppy consolidation is likely. Bulls will need a strong reclaim with volume to regain momentum. Trade patiently and manage risk with strict discipline.
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