#UMA
UMA (Universal Market Access) is currently trading at approximately $1.30–$1.43 and has fallen by about 8% in the last 24 hours. The trend in August has been sideways to slightly downward, following a brief increase during the month. Trading volume remains solid and market sentiment is still predominantly bullish in the short term: 12 out of 17 technical indicators are giving buy signals. For a sustainable trend reversal, the price must overcome resistance at $1.88; if it falls below $1.49, further downward pressure is likely. Fundamentally, UMA remains relevant as an infrastructure project for DeFi; forecasts until the end of the year expect a range between $1.04–$1.85
