š $UMA / USDT Breakout Trade Momentum Surge Above Resistance
$UMA has broken out sharply from the $1.18 zone and is now trading around $1.30 with strong volume confirmation. The breakout above key resistance suggests bullish continuation.
š Trade Setup:
Entry Zone: $1.28 $1.30
Target 1: $1.36
Target 2: $1.44
Stop Loss: Below $1.22
š Risk Strategy:
Risk only 1ā2% of your portfolio
Place stop loss before trade entry
Move stop loss to breakeven once Target 1 is hit
Scale out profits to manage volatility
UMAās strong price action signals bullish momentum. Let the setup play out, manage risk, and donāt trade emotionally.