$LUMIA is pushing into resistance after a sharp recovery and this is where smart money looks for a rejection move...💯🔥

Entry Range: 0.1940 – 0.1980

Stop Loss: 0.2025

Targets:

TP1: 0.1880

TP2: 0.1810

TP3: 0.1750

After a strong impulsive bounce from the lows, price has climbed back into a previous supply zone near 0.1970–0.2000. This area already acted as resistance before, and now price is revisiting it without strong consolidation, which increases the probability of a rejection.

The structure shows a V-shaped recovery, not a stable base. That usually leads to a liquidity grab at the top before continuation downward. Sellers are likely waiting in this zone, and any weakness or rejection wick here can trigger the move down.

Patience is key here, don’t chase the move in the middle. Let price tap the zone, confirm rejection, and then execute.

Invalidation: Clean breakout and hold above 0.2025 will invalidate this short setup and shift momentum bullish.