#TrumpBitcoinEmpire The UMA/USDT chart shows a clear shift from a downward trend to an upward trend, after breaking through the sideways channel and recording a strong peak at $2.057. The current price is $1.2453, facing nearby resistance at $1.29 and then $1.64, with strong support at $1.20. The short-term moving averages (MA5 and MA10) are crossing positively, reinforcing the upward momentum. The Relative Strength Index (RSI) is approaching 70, indicating proximity to an overbought area. The Williams %R supports the likelihood of a short-term correction, especially after the strong bullish candle on the weekly timeframe. Trading volume is increasing, reflecting significant interest from traders. The technical pattern resembles a "cup with a handle," supporting the continuity of the trend in case of a break above $2.05. Despite the current momentum, it is preferable to monitor price action near resistance to avoid late entry.
