$UMA Bulls Targeting $1.60 Breakout......
$UMA is trading at $1.578, up +9% today, showing strong intraday momentum. Buyers hold 58% dominance in order flow, suggesting continued interest. Price recently tested $1.60, the key short-term resistance, and a breakout above could open further upside.
Long Trade Setup
Entry Zone: $1.55 – $1.58
Target 1: $1.60
Target 2: $1.65
Target 3: $1.72
Stop Loss: Below $1.50
Key Notes
UMA is up 27% in 7 days and 24% in 90 days, signaling medium-term bullish momentum.
A clean move above $1.60 may accelerate gains toward the $1.70+ zone.
Losing $1.50 would weaken the bullish setup and risk a pullback.