$LUMIA (1h) - Rejection Short

Bias: Short

Entry (Zone): 0.1730 - 0.1785

Targets:

TP1: 0.1660

TP2: 0.1590

TP3: 0.1465

Stop Loss: 0.1865

Why this Setup:

I’m shorting into a clear resistance ceiling after an extended push higher, because the rebound is starting to look stretched and upside extension is slowing. I want to see supply continue absorbing demand here, and if buyers fail to reclaim higher ground cleanly, I expect a rejection that can unwind back toward the prior support zones.

LUMIA
LUMIAUSDT
0.17052
+9.63%