🚀 Technical explosion with strong buying momentum | Analysis $UMA
UMA coin rises by +40.35% in the last 24 hours, with very positive technical indicators on the 15-minute frame, reflecting a clear breakout and the likelihood of continued movement towards new resistance levels.
🔍 Technical Reading:
- ✅ MA7 = 1.388 > MA25 = 1.178 → Clear positive crossover
- ✅ RSI is high (above 70) → Strong buying momentum and positive saturation
- ✅ MACD is positive → Additional support for the trend
- 📊 Strong trading volume: 14.64M USDT
- 💰 Current price: 1.454 USDT
- 📈 Highest price: 1.45 | Lowest price: 0.985
📌 Entry range: 1.420$ – 1.460$
🎯 First target: Breakthrough level of 1.580$
🎯 Second target: Reach 1.720$
❌ Stop loss: Less than 1.360$
📌 Note: This analysis assumes the continuation of the upward trend, not a reversal from resistance.