Objectively speaking, $UMA hit a new 24-hour low at 0.395. The previous low was 0.3971.
Whenever a new low is reached, people in the comments start calling the bottom. But in a weak market, new lows are often followed by even lower lows. I usually wait for the price to move back above the previous low before considering a move—I don't try to guess the bottom.
Save this, and let's compare notes in a few days.
#UMA
The crypto market is highly volatile. Please be aware of the risks.
Whenever a new low is reached, people in the comments start calling the bottom. But in a weak market, new lows are often followed by even lower lows. I usually wait for the price to move back above the previous low before considering a move—I don't try to guess the bottom.
Save this, and let's compare notes in a few days.
#UMA
The crypto market is highly volatile. Please be aware of the risks.