LUMIA chart recently experienced a rapid upward movement. After a careful review of the technicals, it still warrants attention.

On the 1-hour timeframe, the MACD histogram just turned red and started to expand, RSI is around 62, and the momentum has not yet weakened. The price is currently oscillating around the 0.12 level — this is a critical transition zone. If it stabilizes above, focus shifts to the previous high at the 0.125 resistance level; support below is at 0.1180. If it breaks below, we must accept that this rebound may be coming to an end.

If you want to participate, consider an entry around 0.1205, especially if the current price directly breaks through this level, which could signal a bullish move. Risk management is very important — set your stop-loss below 0.1180, which results in an approximate risk exposure of 2.1%.

The target is divided into two stages: the first target at 0.1240 (approximately 2.9% gain), and the second at 0.1280 (up to 6.2% gain). However, honestly, recent volume has been somewhat unstable, which is a hidden risk, but since the MACD histogram is expanding, it might be worth following for now. The key is to set your stop-loss properly when entering and avoid stubbornly holding on out of hope.