Long-term trading signal for
$LUMIA /USDT - Strong increase in reversal momentum
Current price: $0.359
24-hour change: +4.66%
24-hour high/low: $0.360 / $0.319
24-hour trading volume: 6.61 million Lomia
Time frame: One hour
Trend: Bullish reversal
Trading settings:
The price of
#LUMIA /USDT has strongly reversed after reaching its bottom at $0.319, forming a clear upward trend with strong momentum. The price has now surpassed the key resistance level at $0.343 and is testing the $0.360 range, paving the way for a price breakout.
With trading volume supporting this move and higher bottoms forming, this price breakout is likely to push towards a target of $0.430 in the upcoming sessions. Trading plan:
Entry range: $0.355 - $0.360
Target 1: $0.395
Final target: $0.430
Stop loss: $0.336
Key notes:
Confirmation of breakout from consolidation
Increased trading volume with rising price
Momentum still intact with potential to continue
Watch for a pullback to $0.343 as a secondary entry opportunity
Forecast:
Lomia stock is gaining momentum after its recent correction. With buyers returning and the price recovering from its losses, this trading setup presents a strong opportunity for an upward move. Keep a close watch for volume confirmation, and manage risks
$LUMIA