$UMA Bulls Regain Control
UMA has bounced back from the $1.38 low and is now trading near $1.50 (+4.90%), pressing against short-term resistance at $1.54. Order flow remains tilted toward buyers, with 57% of the book on the bid side, giving bulls a clear advantage if price can sustain above $1.47.
Trade Plan
Entry Zone: $1.47 – $1.50
Take Profit Levels: $1.54, $1.60, $1.68
Stop Loss: Below $1.44
Maintaining support above $1.47 will likely keep bullish momentum intact and allow for continuation toward the $1.60–$1.68 range. But if price breaks under $1.44, the short-term bullish structure could unravel, shifting momentum back to sellers.
