$UMA /USDT LONG TRADE SIGNAL – BULLISH REVERSAL FROM DEMAND ZONE
Entry Price: $1.169
Target 1: $1.190
Target 2: $1.205
Target 3: $1.220
Stop Loss: $1.149
Why Long?
$UMA is showing a clear intraday reversal from the $1.145 support zone with a bullish engulfing candle on the 15-minute chart. After multiple rejections to the downside, buyers have stepped in and pushed price above local resistance, indicating renewed interest.
The price is attempting a breakout from its short-term descending structure with volume starting to build. If the momentum sustains above $1.165, continuation toward $1.20 and beyond is likely.
Risk Management Tip:
Stick to the stop loss below $1.149 to avoid downside traps. After hitting the first target, trail your SL to breakeven and lock in profits.
Buy and Trade here on $UMA