$UMA /USDT.
🔍 UMA/USDT Trade Setup
Current Price: $1.065
Daily Change: -5.59%
24h High/Low: $1.133 / $1.056
Trend: Short-term bearish, but approaching a key support level.
📉 Market Snapshot
🔻 Bearish Intraday Sentiment
UMA is down sharply and nearing its 24h low ($1.056).
Selling pressure is evident but downside may be limited short-term unless $1.050 breaks cleanly.
📊 Key Technical Zones
✅ Support:
$1.056 – 24h low (watch for bounce setups).
$1.050–$1.030 – Stronger historical demand zone.
🔼 Resistance:
$1.085–$1.10 – Minor resistance, near recent intraday highs.
$1.133 – Daily high, stronger rejection point.
📈 Trade Setups
✅ LONG Setup (Reversal Bounce from Support)
Valid if price holds above $1.056 with bullish candle (hammer, engulfing) on 15m or 1h.
Entry: $1.060–$1.065
Stop Loss: $1.048 (below support)
Take Profit 1: $1.085
Take Profit 2: $1.100
R:R: ~1:2+
🔍 Confirmations:
RSI < 30 on 15m/1h
Volume spike on bounce
Bullish MACD crossover
❌ SHORT Setup (Breakdown Trade)
Only if UMA breaks and closes below $1.050 with volume.
Entry: $1.048–$1.053
Stop Loss: $1.065
Take Profit 1: $1.030
Take Profit 2: $1.010
R:R: ~1:2
🔍 Confirmations:
Bearish engulfing or break candle
EMA 9/21 crossover on 15m
MACD bearish continuation
🧠 Extra Notes:
Trend bias: Intraday bearish; cautious long unless reversal confirmation.
Avoid chasing breakouts without volume support.
Consider scaling in near $1.056 with tight risk.
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