$LUMIA Faces Rejection After Strong Recovery Rally
LUMIA delivered an impressive move from the $0.095 area and surged toward $0.135, showing strong buying momentum. However, sellers stepped in near resistance, triggering a sharp pullback.
The recent rejection suggests bulls are taking profits after the rally, while the market looks for a new support zone before the next move.
Key Support: $0.115 – $0.118
Resistance: $0.128 – $0.135
As long as price holds above the recovery zone, the broader bullish structure remains intact. A successful reclaim of resistance could open the door for another upward push.
$LUMIA
LUMIA delivered an impressive move from the $0.095 area and surged toward $0.135, showing strong buying momentum. However, sellers stepped in near resistance, triggering a sharp pullback.
The recent rejection suggests bulls are taking profits after the rally, while the market looks for a new support zone before the next move.
Key Support: $0.115 – $0.118
Resistance: $0.128 – $0.135
As long as price holds above the recovery zone, the broader bullish structure remains intact. A successful reclaim of resistance could open the door for another upward push.
$LUMIA