$UMA /USDT โ Sideways but Gearing for a Bounce ๐๐
$UMA is trading at $1.187 (+0.59%), holding above its recent low of $1.117. The SAR at $1.324 suggests upside potential if bulls regain strength.
๐ Trade Setup
Entry Zone: $1.17 โ $1.20
Take Profit 1: $1.25
Take Profit 2: $1.42
Take Profit 3: $1.60
Stop Loss: $1.11
๐ Market Outlook
Trend: Neutralโtoโbullish, consolidating after a pullback.
Key Support: $1.11 / $1.07
Key Resistance: $1.25 / $1.42 / $1.60
Bias: Cautious Bullish โ breaking above $1.25 could trigger stronger momentum.
#UMA #DeFi #CryptoTrading #Altcoins ๐