$UMA has surged strongly from $1.51 to a recent peak of $1.90, confirming a breakout backed by solid bullish momentum. While a quick pullback followed as traders booked profits near resistance, the overall trend remains constructive as long as price holds above the $1.75 support zone. A firm move past $1.90 could clear the way for upside toward $2.05–$2.20.
Trade Setup (For Study Only, Not Financial Advice):
📌 Entry: $1.78 – $1.83
🎯 Targets: TP1: $1.95 | TP2: $2.20
⛔ Stop Loss: $1.70
⚖️ Risk Note: Maintain tight stop-loss rules and avoid overexposure after such a sharp run-up.
