$UMA /USDT MASSIVE 24% SPIKE, BUT IS THE RALLY SUSTAINABLE?
$UMA exploded from a low of $1.049 to a sharp high at $1.878, gaining over 75% before pulling back to $1.606 on the 4H chart. This surge was fueled by strong buyer dominance (61.9%) and exceptional volume, signaling heavy interest but price is now consolidating after the vertical move.
š Trade Setup (Volatility Play)
ā¢ Entry Zone: $1.55 ā $1.62
ā¢ Take Profit 1: $1.73
ā¢ Take Profit 2: $1.85
ā¢ Stop Loss: $1.47
š Key Levels
ā¢ Support: $1.49 ā $1.55
ā¢ Resistance: $1.73 ā $1.88
$UMA Momentum remains strong, but caution is advised late entries may face volatility. Wait for a consolidation or flag pattern to confirm continuation.
UMA
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