๐$UMA
๐จUMA Update
The $UMA/USDT pair is trading at $1.347, up 0.97% in the latest session. Price action remains bullish, rebounding from a $1.315 low to current levels.
Market Snapshot
Current Price: $1.347
24h High: $1.358
24h Low: $1.290
24h Volume (UMA): 964,294
24h Volume (USDT): 1.28M
Technical Outlook
Momentum is positive, with moving averages confirming the uptrend:
MA(7): $1.347
MA(25): $1.343
MA(99): $1.330
Trade Plan
Entry Zone: $1.34 โ $1.35 (after confirming bullish support)
Stop Loss: Below $1.32
Target 1: $1.36
Final Target: $1.38+
Risk Management
Risk only 1โ2% of trading capital.
Consider booking partial profits at $1.36, then move SL to breakeven to protect gains while aiming for a breakout past $1.38.