Lucid group: Minor Peak Breached, Eyes on $3.50

Lucid Group rebounded after forming a higher minor low at $2.27, signaling initial strength. The price successfully closed at the recent minor peak of $2.73. A confirmed breakout above $2.73 could shift the trend to an uptrend in the short-term, with potential upside targets lie around $2.90, $3.20, $3.37, and $3.50.

The stop-loss lies below 2.27$.

the indicators are heading toward the positive side, which confirms the mentioned positive scenario.

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