Based on the current technical indicators, market sentiment, and UMA’s overall trend, my expectation for UMA in the short term (next 1–2 weeks) is:

> 🔻 Bearish — more likely to go down than up.

Here’s why:

Price Action: UMA is trading below its 50-day and 200-day moving averages, which suggests downward trend continuation unless a strong reversal happens.

Momentum Indicators: RSI is weak (not oversold but below 50), and MACD is showing a bearish crossover — both signaling selling pressure.

Volume: No significant surge in buying volume; the price is moving sideways or down on low interest, which is bearish.

Market Conditions: The broader crypto market is currently in a risk-off phase with low momentum in altcoins, especially in lower-volume DeFi tokens like UMA.

Key Levels:

Support: $1.30 and $1.10 — likely to be tested if weakness continues.

Resistance: $1.60 — needs to be broken with volume for any bullish reversal to start.

If UMA breaks below $1.30 with volume, the drop to $1.10–1.00 becomes more probable.

Would you like a trade setup (entry/stop/target) based on this analysis?