🚀 $UMA Edges Higher — Eyeing a Break Above $1.35? 🔍
🔹 Current Price: $1.335
🔹 24h Change: +0.38%
🔹 24h High: $1.358
🔹 24h Volume: 813K UMA — Moderate liquidity with room for expansion
📊 Technical Highlights:
✅ Price trading above EMA(7) $1.332 and EMA(25) $1.306 — short-term bullish alignment
✅ EMA(7) > EMA(25) > EMA(99) $1.282 — trend structure improving
✅ RSI(6): 55.50 — healthy momentum, far from overbought
✅ Break above $1.35 could open a path toward testing $1.50 and beyond
🎯 Take Profit Targets:
- TP1: $1.37 ➜ +2.6%
- TP2: $1.42 ➜ +6.3%
- TP3: $1.50 ➜ +12.3%
🛡️ Stop-Loss Suggestion: $1.30 — below EMA(25) and recent short-term support
💡 Smart Reminder: Consolidation near resistance often precedes strong directional moves. Watch for volume spikes to confirm a breakout.
Is $UMA gearing up for a sustained push toward $1.50? Or will $1.35 prove a stubborn ceiling?
Drop your thoughts below 👇
