📊 UMA/USDT – What do the indicators say?
Current price: 1.461 USDT (+6.49%)
🔹 Price Movement
The price has broken through the resistance at 1.479 and has shown a strong bullish candle on the 30M chart.
A bullish momentum is confirmed, but overbought conditions indicate a possible correction.
🔹 Indicators
EMA(7) = 1.436, EMA(25) = 1.420, EMA(99) = 1.425
👉 Price is above all EMAs → bullish trend.
MACD = +0.002 → weak bullish momentum, volume needed for confirmation.
Stochastic RSI = 89 / 71 → overbought zone.
RSI(14) = 72.1, RSI(7) = 81.9 → the market is overheated.
🔹 Possible Entry Points
During a correction in the zone of 1.430–1.445 USDT (support on EMA).
More aggressive entry — on the retest of the level 1.479 (if it consolidates above).
🎯 Growth Targets
TP1: 1.495 USDT (+2.3%)
TP2: 1.520 USDT (+4%)
TP3: 1.560 USDT (+6.8%)
🔻 Alternative Scenario (Correction)
If there is a breakout below the level of 1.430, a correction to 1.405–1.390 USDT is possible.
⚖️ Conclusion: UMA/USDT is in a bullish momentum, but the market is overheated. It is optimal to consider entry on corrections or after consolidating above 1.479.
#UMA
Current price: 1.461 USDT (+6.49%)
🔹 Price Movement
The price has broken through the resistance at 1.479 and has shown a strong bullish candle on the 30M chart.
A bullish momentum is confirmed, but overbought conditions indicate a possible correction.
🔹 Indicators
EMA(7) = 1.436, EMA(25) = 1.420, EMA(99) = 1.425
👉 Price is above all EMAs → bullish trend.
MACD = +0.002 → weak bullish momentum, volume needed for confirmation.
Stochastic RSI = 89 / 71 → overbought zone.
RSI(14) = 72.1, RSI(7) = 81.9 → the market is overheated.
🔹 Possible Entry Points
During a correction in the zone of 1.430–1.445 USDT (support on EMA).
More aggressive entry — on the retest of the level 1.479 (if it consolidates above).
🎯 Growth Targets
TP1: 1.495 USDT (+2.3%)
TP2: 1.520 USDT (+4%)
TP3: 1.560 USDT (+6.8%)
🔻 Alternative Scenario (Correction)
If there is a breakout below the level of 1.430, a correction to 1.405–1.390 USDT is possible.
⚖️ Conclusion: UMA/USDT is in a bullish momentum, but the market is overheated. It is optimal to consider entry on corrections or after consolidating above 1.479.
#UMA
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UMA
1.544
+9.50%