$UMA /USDT

🔍 UMA/USDT Trade Setup (Short-Term – Scalp or Swing)

📊 Market Overview

Current Price: $1.530 (Mark Price = Last Price)

24h High / Low: $1.726 / $1.498

Change: -5.50% → shows recent sell-off

Volume: High → 99.8M UMA / 158.99M USDT = strong interest/liquidity

Price near 24h low suggests possible oversold bounce or breakdown

✅ Long (Buy) Setup – Oversold Bounce

Entry Zone:

Dip Entry: $1.50 – $1.52 (near 24h low, demand zone)

Confirm with a bullish candlestick (e.g., hammer, engulfing) on 15m or 1h chart

Targets:

TP1: $1.56

TP2: $1.59 (mid-range resistance)

TP3: $1.63 – $1.65 (minor resistance zone)

Stop Loss:

Below $1.49 (under 24h low)

Tighter SL: $1.493 (use with reduced size)

❌ Short (Sell) Setup – Breakdown Strategy

If UMA loses $1.50 support with volume and momentum:

Short Entry:

Breakdown Entry: $1.49–$1.50 with bearish confirmation

Targets:

TP1: $1.45

TP2: $1.40 (historical support level if extended)

TP3: $1.35 (if market turns risk-off)

Stop Loss:

Above $1.54 (above breakdown zone)

📌 Technical Notes

Near oversold levels – use caution when shorting here unless $1.49 breaks hard.

Volume is strong, indicating real selling or liquidation pressure.

Watch the 15m and 1h RSI/Stoch RSI to time bounce entries.

Consider reducing leverage due to increased volatility around support.

#TrumpTariffs #BinanceAlphaAlert #CircleIPO #Write2Earn! #UMA