a concise technical analysis and trade signal for $UMA 💯🔥

UMA

/USDT based on your data:

📉 $UMA /USDT – Technical Snapshot & Trade Setup

🔍 Market Overview

Current Price: $1.185

24h Change: +3.40%

24h High / Low: $1.279 / $1.145

Volume:

UMA: 2.42M

USDT: $2.93M

📊 Technical Analysis

Trend: Slight recovery from 24h low, showing mild bullish momentum

Support Zone: $1.145 – $1.172 (good buying interest seen here)

Resistance Zone: $1.249 – $1.279 (recent highs, watch for rejection or breakout)

Consolidation Range: $1.17 – $1.25

🟢 Trade Signal

Setup: Buy on pullbacks near $1.165 – $1.175,

with stop-loss below $1.134

🎯 Target Levels:

Target 1: $1.249 – recent resistance

Target 2: $1.279 – 24h high breakout

Target 3: $1.34 – next psychological & technical level if bullish breakout holds

⚡ Momentum

Current: Moderately Bullish

RSI: Estimated ~60–65 — rising but not overbought

MACD: Likely turning positive; early momentum building

📌 Note: If price breaks and holds above $1.28 with volume, expect acceleration. Otherwise, expect consolidation or a retest near $1.14 if rejected.