$UMA Shockwave Gatheringโโ
Exploded from $1.05 to $1.45 in a vertical rise and after a healthy correction, it is now gathering again for another potential rise.
Bulls regained $1.30, and the volume is still strong on the 4-hour timeframe.
Watch for a clean breakout above $1.336 (24-hour high) to confirm continuation. Momentum is on the bulls' side.
๐ Trade Setup (Long):
โข Entry Zone: $1.30 โ $1.31
Targets:
โข1: $1.38
โข2: $1.45
โข Stop Loss: $1.25
{spot}(UMAUSDT)