๐จ $UMA Setup ๐จ
๐ฏ Targets:
TP1: $1.145 ๐ฏ
TP2: $1.160 ๐ฏ
TP3: $1.185 ๐
๐ Technical Analysis:
$UMA is rebounding sharply after retesting the $1.08 support zone, printing a strong bullish candle. If price holds above $1.12 and volume increases, a short-term breakout toward $1.18 is likely. Structure shows early reversal signs.
๐ Key Support/Resistance Zones:
Support: $1.08
Resistance: $1.13 / $1.16
A close above $1.13 could shift momentum aggressively in favor of bulls.
๐ Volume Insight:
Watch for volume confirmation above $1.13 โ a surge could validate the breakout and accelerate gains.
โ ๏ธ Risk Management Tip:
Set stop-loss at $1.099 to cap downside risk. Once TP1 is hit, adjust SL to breakeven and trail profits.
#UMA #CryptoSignals #BreakoutSetup ๐๐ถ

๐ Disclaimer:
This setup is based on personal analysis and shared for educational purposes. Always conduct your own research and use proper risk management in volatile markets.