Lumia ( LUMIA/USDT ) has just broken out on the daily chart and the token is set to trend higher in the short term as traders watch industry wide moves. The market activity is one of cautious optimism as it has been backed by a bullish derivatives positioning but has been tempered by poor long-term performance.
Breakout on Daily Chart Fuels Optimism
Crypto Candy (@cryptocandy24x) noted that Lumia has broken out of a symmetrical triangle pattern on the daily timeframe. The price currently trades around $0.337, recording daily gains of +2.43%. This structure suggests a shift toward renewed buying interest.
The consolidation phase stretched from July through early September, where price repeatedly tested both upper and lower boundaries. The narrowing range reflected indecision, with neither side gaining dominance. The upward breakout now reflects a stronger position for buyers in the near term.
Resistance lies at $0.370, with a stronger supply zone near $0.445. Breaking the first barrier could accelerate momentum, opening a 10–30% move as projected. On the downside, support remains between $0.285 and $0.290, offering a key defense level.
Mixed Performance Across Timeframes
Looking at longer horizons, the 90-day performance is up +31.44%, signaling recovery phases after months of range-bound activity. However, the 180-day view shows a decline of -25.65%, while year-to-date data reflects steep losses of -74.27%. Lumia is struggling at -77.54% on a one-year basis.
These values suggest the existence of a tangible difference between short-term bullish operations and long-term weakness. Traders paying attention to Lumia should thus strike a balance between breakout momentum and recognition of the prolonged downward pressure on the annual scale.
