$UMA /USDT – Long Trade Opportunity
UMA is currently trading near 1.414 after a healthy retracement from the recent high of 1.629. The 4H chart shows that despite selling pressure, the structure is maintaining higher lows, indicating potential bullish continuation if momentum strengthens.
Long Trade Setup
Entry Zone: 1.410 – 1.420
Targets:
T1: 1.520
T2: 1.620
T3: 1.725
Stop-Loss: 1.297
Risk Management
Use only 3–5% of portfolio allocation on this trade. Once T1 is reached, move stop-loss to entry to protect capital while keeping upside open.
Pro Tip
Keep an eye on volume spikes. A strong close above 1.450 with buying activity will confirm renewed bullish momentum, paving the way toward higher targets. Failure to hold above 1.300 would invalidate this long setup.
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