$UMA /Buy trading signal on USDT pair
Current price: 1.402
Entry area: Above 1.410 (Breakout confirmation)
Stop loss: 1.320 (Below the main support level)
Target 1: 1.480
Target 2: 1.520
Why this setup?
The exponential moving average has shown strong momentum, achieving daily gains of 11% and a rebound from a low of 1.230. The area of 1.410-1.420 represents a nearby resistance level; breaking through it could open the way towards 1.48 and 1.52. The stop loss at 1.320 provides protection against false breakouts while maintaining a level of risk.
