$UMA Bullish Momentum Reignites....
$UMA is trading at 1.50 (+4.90%), rebounding strongly from the 1.38 low and retesting near-term resistance around 1.54. With buy orders dominating the order book (57.36% vs 42.64% sell-side), momentum favors bulls if price holds above the 1.47โ1.50 zone.
๐ Long Trade Setup
Entry Zone: 1.47 โ 1.50
Target 1: 1.54
Target 2: 1.60
Target 3: 1.68
Stop Loss: Below 1.44
Holding above 1.47 will strengthen bullish momentum, opening room for an extension toward the 1.60โ1.68 zone. However, a breakdown below 1.44 could shift control back to sellers.