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LUMIA has experienced a clear bearish breakout from the consolidation zone and is currently in a definite downtrend. From a technical perspective, momentum indicators continue to weaken, and the market lacks buying support, with selling pressure still ongoing.
The next move is crucial—if the decline continues, the next key level to watch is the 0.1180 range. Whether it can hold here is a question. In the short term, the bears still dominate, and at least there are no obvious signs of a trend reversal yet.
Continued attention should be paid to whether the price can find support at lower levels, as this is very important for assessing the strength of a potential rebound.