$UMA /USDT SPIKE TO $1.45 THEN PULLBACK! WHAT’S NEXT? 🔥📉
$UMA just made a violent +13% intraday surge, ripping from $1.049 to a high of $1.450 before pulling back sharply to the $1.22 range. This move screams whale action + short squeeze but now traders are eyeing the next big reaction. 👀
📊 Chart Snapshot:
• 4H Low: $1.049
• Peak Wick: $1.450 (huge rejection)
• Current Price: $1.227
• Volatility Spike = Momentum Reset
• Support: $1.19 – $1.21
• Resistance: $1.31 – $1.45
📈 Trade Setup (Wait for Breakout Confirmation)
• Entry (if holds support): $1.20 – $1.23
• TP1: $1.31
• TP2: $1.42
• SL: $1.18
⚠️ After such a volatile wick, it’s best to wait for either consolidation or a break above $1.31 with volume before jumping back in. Patience = profit! 🧠💰
buy and trade here on $UMA