$UMA /USDT – 4H Trade Setup

Market Insight:

$UMA has surged over +34% in 24h, breaking above key moving averages with a strong volume spike (167.92M USDT vs MA(10): 9.4M). The price is currently at $1.802, just under the 24h high of $1.855. This breakout above the 1.60–1.75 resistance zone suggests bullish momentum is in full swing.

Entry Zone:

🔹 $1.75 – $1.80 (Pullback entries)

⚠️ Watch for potential retracement into this zone before continuation.

Targets:

🎯 Target 1: $1.98

🎯 Target 2: $2.15

🎯 Target 3: $2.35

Stop Loss:

🔻 $1.61 (Below the breakout structure and MA(7))

Key Levels:

Support: $1.61 / $1.48 / $1.35

Resistance: $1.88 / $1.98 / $2.15

Pivot: $1.75 (Breakout retest level)

Pro Tip:

With a parabolic move already in play, wait for a clean retest or consolidation above $1.75 to avoid FOMO entries. If volume continues to sustain above MA(5)/MA(10) on a pullback, that confirms accumulation.

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