๐จ $UMA is attempting its first meaningful breakout from a long-term falling structure but Iโm treating the hold above resistance as more important than the breakout candle itself.
Price is around the breakout area now, while OI has expanded and structure is improving. Taker flow is still mixed, so Iโm keeping the position size controlled rather than chasing aggressively.
๐ Entry: $0.405 โ $0.418
๐ SL: $0.332
๐ฏ TP1: $0.468
๐ฏ TP2: $0.558
๐ฏ TP3: $0.620
๐ฏ TP4: $0.850
๐ Runner: $1.20
The key for me is simple: $0.400โ$0.405 needs to hold on 4H.
If that breakout area turns into support, the setup stays valid.
๐ TP1 hit โ protect around entry.
โ๏ธ Low leverage. Small margin.
โณ Swing outlook: Multi-week
NFA. DYOR.
Price is around the breakout area now, while OI has expanded and structure is improving. Taker flow is still mixed, so Iโm keeping the position size controlled rather than chasing aggressively.
๐ Entry: $0.405 โ $0.418
๐ SL: $0.332
๐ฏ TP1: $0.468
๐ฏ TP2: $0.558
๐ฏ TP3: $0.620
๐ฏ TP4: $0.850
๐ Runner: $1.20
The key for me is simple: $0.400โ$0.405 needs to hold on 4H.
If that breakout area turns into support, the setup stays valid.
๐ TP1 hit โ protect around entry.
โ๏ธ Low leverage. Small margin.
โณ Swing outlook: Multi-week
NFA. DYOR.
