🚀 $UMA /USDC Market Update | Binance Square

UMA is gaining strong bullish momentum, trading around $0.725 and staying very close to the 24h high at $0.726. Buyers are clearly in control as price pushes higher with confidence.

📊 Market Highlights

Current Price: $0.725

24h High / Low: $0.726 / $0.690

24h Change: +4.17%

24h Volume: 4,694 UMA | 3,348 USDC

Trend: Short-term bullish breakout zone

📈 Technical Snapshot

Williams %R (14): -7.69 → Deep in overbought territory, showing strong buying pressure

Price Action: Holding above previous resistance near $0.70, now acting as support

Market Depth: Buyers stacked near current levels, supporting continuation

🧠 Market Insight UMA has flipped $0.70 into support, a positive sign for bulls. If volume sustains, a break and hold above $0.73 could open room for further upside. However, overbought conditions may cause a brief pullback before continuation.

⚠️ Risk Note Chasing pumps can be risky. Wait for confirmation or a healthy retest for safer entries.

💬 Your View? Continuation to the upside or short-term cooldown?

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