I’m watching $UMA closely after it formed a strong accumulation base. Price digested the recent selling pressure, and now buyers are stepping in aggressively. The breakout above the consolidation zone signals real momentum coming into the market. This setup has me excited because the structure shows clear upward potential.
Trade Setup – Long Bias
Entry Zone: 0.560 – 0.610
Stop Loss: 0.490
Target Points:
TP1: 0.750
TP2: 0.950
TP3: 1.200
Why this setup works:
I’m seeing a clean accumulation base where sellers were absorbed and lower timeframe momentum is shifting in favor of buyers. Price is breaking above resistance with volume support, which indicates strength. As long as $UMA holds above 0.560, the bullish continuation is likely, making this a low-risk entry with high reward potential.
I’m personally waiting for a slight pullback into the entry zone to confirm buyer strength before committing fully. This approach lets me maximize upside while keeping risk controlled.
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