$LUMIA has just seen a long liquidation of $1.1888K near the $0.12829 level, a move that has effectively cleared late bullish leverage and reset the short-term structure. Rather than signaling weakness, this liquidation appears to have created a healthier base, allowing price to stabilize and enter a controlled consolidation phase. During this pause, selling pressure faded and buyers quietly stepped back in, setting the foundation for a renewed bullish move.
As price compresses within a tight range, $LUMIA is showing signs of strength through higher lows and steady demand near support. This behavior suggests accumulation rather than distribution, often seen before a breakout. Momentum indicators are gradually turning positive, hinting that the market is preparing for an expansion move once resistance is challenged.
Trade Setup
Entry Zone: $0.1250 – $0.1305
TP1: $0.1420
TP2: $0.1565
TP3: $0.1720
Stop Loss: $0.1180
Market sentiment around LUMA is shifting toward cautious optimism as confidence rebuilds after the liquidation sweep. Traders are anticipating upside continuation following consolidation, with structure favoring a bullish breakout if support holds. Proper risk management remains key, but the setup supports a momentum-driven recovery scenario for $LUMIA
