$UMA – Strong Bullish Momentum Building!


$UMA is trading at $1.365 (+6.89%), surging towards its 24H high of $1.367 after rebounding strongly from the $1.23 support zone. The chart shows a clear breakout with consecutive green candles, signaling strong buying pressure in play.


🔑 Key Levels:


Immediate Support: $1.32


Major Support: $1.23


Resistance Zone: $1.38 – $1.42


📈 Trade Setup (Bullish):

Best entries can be taken on pullbacks around $1.32 – $1.34 with confirmation of momentum. A decisive break above $1.38 could fuel further gains in the short term.


🎯 Targets:


TP1: $1.38


TP2: $1.42


TP3: $1.50


⛔ Stop Loss: $1.23


💡 Pro Tip: Watch the breakout candle close above $1.38 — sustained volume could drive UMA into a new bullish wave quickly.

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August 19, 2025 at 8:57 AM
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