1-day timeframe
📅 UMA/USD 1D Analysis: Neutral sentiment ⚖️
UMA is trading at ~$1.43 (-1.00% over 7 days), below the 50-day SMA ($1.50). RSI (~31.58) indicates oversold conditions, with 4/29 indicators suggesting a buy. Trading volume: ~$10.2M.
🔑 Key levels:
Resistance: $1.60–$1.96.
Support: $1.35–$1.40.
📈 Forecast: Holding $1.40 could lift UMA to $1.96 (+37%). A drop below $1.35 threatens a test at $1.21 (Changelly). ZK and DeFi integrations are catalysts! 📈