๐Ÿ“ˆ $UMA /$USDC Price Surge Analysis ๐Ÿš€

$UMA has shown an explosive breakout from โ‚น110 to โ‚น137 (1.324 to 1.878 USDT), gaining 22.06% in the last 24 hours! This bullish candle with strong volume signals massive buying pressure, especially with MA(7) and MA(25) sharply pointing upward.

๐Ÿ“‰ However, the current red candle after a peak at 1.878 suggests profit booking. If UMA holds above the 1.50 support zone, the next leg up can retest 1.90+ levels. But a break below 1.50 may lead to a short-term correction.

๐Ÿ”” Watch levels:

Support: 1.505 / 1.532

Resistance: 1.639 / 1.878

๐Ÿ“Š Sentiment: Bullish with caution โš ๏ธ

๐Ÿ“Trend: Breakout pattern in play

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