$UMA
Frame: 15 minutes
Direction: Strongly upward, with consecutive breakouts and new peaks
🎯 Potential buying points
- Any rebound near the 1.68 – 1.70 area represents a calculated entry opportunity, provided the positive momentum remains
- A clear break above 1.723 may open the way for a new acceleration wave
🚀 Potential targets
- First target: 1.78 (Short-term psychological resistance area)
- Second target: 1.85 (Natural extension of the current movement if momentum continues)
- Third target: 1.92 (Potential distribution area before reassessment)
🧠 UMA Project in Brief
UMA (Universal Market Access) is a protocol that enables the creation of synthetic financial assets on the blockchain. Think of it as a tool that allows anyone to build self-executing financial contracts without the need for an intermediary.
The goal? To enable global access to financial markets, even in constrained or unstable environments. UMA relies on "verifiable smart contracts" instead of relying on continuous external data, making it more flexible and less susceptible to attacks.
