$UMA /USDT – Testing Resistance, Watch for Breakout
Universal Market Access (UMA) is trading at approximately $1.44, up around 12% intraday. The price recently surged from a strong support zone (~$1.36) and now faces resistance around $1.80.Binance models foresee ~5% upside by week’s end toward $1.36, with long-term projections ranging from $1.32–$1.35 this year to highs near $1.68 in five years.
Trade Setup:
•Entry: $1.38–$1.40 on pullback
•TP1: $1.50
•TP2: $1.80
•Stop Loss: Below $1.36
A breakout above $1.50–$1.80 on volume could spark a strong rally; holding above $1.36 keeps the bullish thesis intact.