$LUMIA +24% - Retesting the Critical EMA200
Price pulled back slightly to retest the daily EMA200 (0.1194) as support. This is the make-or-break moment for the breakout.
Decision Point
· Must Hold: 0.1194 (EMA200)
· Support Below: 0.1083 (EMA9)
· Resistance: 0.1253, 0.1319
· Breakdown Target: 0.1050 if it fails.
Trade Plan
· Bullish (Holds EMA200): Buy near 0.1200, stop 0.1175, target 0.1250 then 0.1300.
· Bearish (Loses EMA200): Short on break below 0.1185, target 0.1120, stop 0.1210.
Volume is decent. The next few candles decide the trend.
⚠️ Not financial advice. This is a high-stakes retest. Wait for confirmation.
Breakout or fakeout? Does LUMIA hold the EMA200? 👇
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