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Jennifer Goldsmith
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Bullish
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$UMA
is currently consolidating around the $1.12 level, showing growing potential to reach its target of $5 as market interest builds.
#UMA_Update
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UMA
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Jennifer Goldsmith
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$YGG Technical Update | Short-Term Price Structure The $YGG is currently trading in the regions of 0.0704-0.0710, down by 1.6%, but with a short-term stair-step bounce pattern on lower time frames. The price is maintaining above the 7-hour and 25-hour moving averages of 0.0723. Important Levels to Watch ConfidentialitĂ© 0.072â0.074 (confluence with 99-hour MA). A strong breakthrough above these levels may lead to a move towards 0.076-0.083, with a previous high of 0.0839 Support: The immediate support level is at 0.069-0.067, with the recent trough being a stronger level of support at 0.0675. Volume & Momentum The volume level shows intermittent bouts of buying activity, but participation in buying remains moderate. For a strong follow-through in an uptrend, a definite expansion in volume with a recovery above the 99-hour MA would beć łéź. Summary The pattern continues to be constructive but not confirmed. A break and hold above 0.072-0.074 would significantly strengthen the constructive case, although a drop of 0.0675 would damage this setup. $YGG | #YGGUSDT | Per
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