📈 $UMA /USDT Technical Analysis (4H Chart)

💵 Current Price: $1.370 (+0.74%)
📊 Moving Averages:

MA(7): $1.335

MA(25): $1.214

MA(99): $1.182

✅ Price is above all major MAs and printing strong bullish structure.

🚀 Breakout Holding Strong

After a sharp spike on June 7th, UMA consolidated above MA(7) and began forming a bullish staircase structure.

Price has now cleared previous range highs, turning them into potential support.

🔥 Momentum Snapshot:

MAs are angled upward and well-separated — trend is healthy.

Higher lows & higher highs signal clear strength.

If $1.38 breaks, next upside surge may begin.

🧱 Key Levels:

Support: $1.33 → $1.28 → $1.22

Resistance: $1.38 → $1.45 → $1.52

🎯 Strategy:

If price breaks and closes above $1.38 with volume, a rally toward $1.45–$1.50 is likely.

Ideal entry: Pullback to $1.33–$1.35 range, riding MA(7) bounce.

Watch BTC influence here — UMA’s volatility can exaggerate in either direction.

⚠️ DYOR – Do Your Own Research.

This is not financial advice. Markets can be volatile — always trade responsibly!