$UMA /USDT market data you're referring to, as of the most recent update:
Current Price: $1.195
Price Change (24h): -5.98% (Bearish)
24h High: $1.277
24h Low: $1.184
24h Volume (UMA): 1.79 million UMA
24h Volume (USDT): 2.18 million USDT
Latest Trade (15-min chart): ~$1.180
Quick Technical Take:
Trend: Bearish in the short term (falling from $1.277 to $1.184 range).
Support Zone: Around $1.18 (watch closely — if this breaks, next support might be around $1.15 or lower).
Resistance Levels: $1.20, $1.21, $1.23
Market Sentiment:
Given the current 6% drop and price near the day's low, short-term traders may see further downside unless support holds. Volumes suggest active trading, so a bounce is possible if buyers step in at support.
Let me know if you'd like a chart-based analysis or swing trade zones.