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.
LUMIA-39.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned