$UMA / USDT — Bullish Breakout With Strong Momentum

UMA has confirmed a bullish breakout on the 1H timeframe. Price has pushed above the recent consolidation zone with strong buying pressure, forming a clear higher high and higher low structure. Momentum remains firmly in favor of the bulls.

Direction: Long

Entry Zone:

0.82 – 0.85

Targets:

Target 1: 0.90

Target 2: 0.98

Target 3: 1.05

Stop Loss:

Below 0.78

As long as price holds above the breakout area, the trend remains bullish. Any short-term pullback toward support can be considered for continuation setups.

UMA

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