$UMA /USDT – Bullish Swing Setup
UMA is showing strength after reclaiming major moving averages (7, 25, 99), with volume confirming accumulation. Current price sits at $1.567, hinting at a short-term momentum shift.
🎯 Targets:
T1: $2.10 → August local high, first resistance zone
T2: $2.80 → Reversal zone from March breakdown
T3: $3.60 → Major resistance from February supply zone
🛡️ Support:
Key support at $1.40, aligning with breakout retest + EMA cluster.
📌 Strategy:
Trail stops below $1.40 once T1 is hit
Momentum confirmation above $1.70 would strengthen bullish case
High-risk swing setup → best to scale out partially at each target
