Trading Plan Long $UMA

$UMA is sweeping lows on the 1h, showing potential for a bounce from oversold conditions.

Entry: $0.4180-$0.4220

Stoploss: $0.3970

Targets: $0.4390 / $0.4560 / $0.4780

Price broke local structure to the downside. The RSI is deeply oversold on the 1h. Taker buy volume shows aggression. Buyers absorbing recent flush. This could be a short-term reversal setup.

Trade $UMA here 👇

UMAUSDT

Perp