$UMA Short-Term Bullish Setup 🚀
Current Zone: Holding above $1.49 after bouncing from $1.437
$UMA rallied to $1.532 but faced some resistance and is now consolidating near $1.49. Buyers are still in control as long as $1.47 holds. A breakout above $1.53 could push price toward $1.58 – $1.62, while dropping below $1.47 may test $1.43 support.
Trade Setup:
• Entry: $1.48 – $1.50
• Stop Loss: $1.46
• Target 1: $1.53
• Target 2: $1.58
Keep position sizing small and manage risk carefully.