$UMA /USDT – Strong Upside Momentum, Bulls Showing Strength
has bounced from the $1.230 low to hit a 24h high of $1.530, recording an impressive +11.88% gain. This bullish push highlights strong upward momentum with consistent buying interest. If this momentum holds, the price could attempt to retest higher resistance zones in the near term.
Long Trade Setup:
Entry Zone: $1.400 – $1.420
Target 1: $1.480
Target 2: $1.520
Target 3: $1.580
Stop Loss: Below $1.360
Risk Management:
Limit risk to 2–3% of your capital. Once Target 1 is reached, move stop loss to entry level and secure partial profits along the way to minimize downside risk while locking gains.