$UMA trade setup I'm eyeing.
$UMA is holding a clean ascending trendline from the recent bottom, showing consistent HH and HL.
Structure remains intact unless that trendline breaks.
Price recently spiked into the $1.748 resistance, got rejected, and has retraced to 1.351
If momentum picks up again, I’m watching these take profit levels:
TP1: $1.605
TP2: $1.748
TP3: $1.870
Support holding around $1.38–$1.40 zone and the trendline support.
As long as that holds and trendline remains valid, this setup looks solid for another leg up.