$LUMIA A strong breakthrough was followed by a significant rejection from the peaks, and the price is now consolidating below the failed continuation area. Sharp withdrawals and lower highs after the rise indicate distribution rather than healthy continuation, suggesting that buyers have lost control near the peak and sellers have started to act aggressively………………….

As long as the price remains below the rejection area and fails to regain the driven high area, the continuation towards lower support levels is the most likely scenario, with any weak bounce likely to be sold………………….

Trade Setup

Entry Range: 0.111 – 0.118

Target 1: 0.105

Target 2: 0.098

Target 3: 0.090

Stop Loss (SL): 0.122

LUMIAUSDT

Perp

0.1095

-2.23%

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