šŸ“ˆ $UMA /USDT — Bullish Playbook

Current Price: $1.567


Trend Structure:


Price has broken above the key moving averages (MA 7, 25, 99), suggesting a short-term bullish momentum shift.

Volume spikes indicate accumulation.

šŸŽÆ Targets (High-Risk Swing Setup)


šŸŽÆ Target 1: $2.10
First local high from August — psychological resistance
šŸ”„ Action: Sell 1/3 of position here to derisk

šŸŽÆ Target 2: $2.80
Reversal zone from March breakdown. Historical volume node.

šŸŽÆ Target 3: $3.60
Major breakdown origin in February — strong resistance with high confluence

šŸ›”ļø Support Level


Strong Support: $1.40
Backtest zone of the breakout region + 7EMA cross
Also matches volume cluster from August

🧠 Strategy Notes:


Maintain trailing stop below $1.40 after reaching Target 1

Momentum confirmation above $1.70 on volume would strengthen bullish thesis

High-risk swing play — ideal for partial scaling out on the way up

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