$UMA USDT BULLISH BREAKOUT CONTINUATION ABOVE RESISTANCE ZONE
The chart shows strong bullish momentum after a sharp upside move, with price consolidating just below a key resistance zone. A breakout above this level may trigger continuation toward higher liquidity zones, while rejection could lead to a healthy retest of support before the next leg.
LONG ENTRY: Buy on breakout above 0.526 with confirmation candle close
TARGETS (TP): TP1: 0.574
TP2: 0.614
TP3: 0.626
STOP LOSS (SL): Below 0.471 (invalidation of bullish structure)
ALTERNATE SCENARIO: If price fails to break resistance and rejects, wait for pullback toward 0.471–0.455 zone for re-entry confirmation.
RISK MANAGEMENT: Risk only 1–2% per trade, avoid overleveraging, and secure partial profits at each target.
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