$UMA /USDT STRONG BREAKOUT – BULLISH CONTINUATION LIKELY
Current Price: $1.388
24h High: $1.409
24h Low: $1.199
24h Volume: 7.85M UMA
UMA is up +14.90% on the day and showing a clear bullish structure. After bouncing from the $1.171 low, price has been steadily climbing and just tapped a fresh high at $1.409 before minor rejection.
The hourly chart shows a clean breakout, supported by rising volume and a series of higher highs and higher lows.
Trade Setup
Entry Zone: $1.370 – $1.390
Target 1: $1.430
Target 2: $1.480
Final Target: $1.520
Stop Loss: $1.336
If UMA holds above $1.360 support, bulls may continue driving price toward the $1.50+ zone. Watch for a breakout above $1.409 to trigger the next bullish leg. Manage your risk and use proper stop-loss placement.