According to the UMA/USDT chart, the trend is bullish in the longer time frame. The price bounces off a key support area and is likely to head for higher targets, as projected upwards by the chart. Indicators also support this outlook, as they show momentum building for further gains.
The bullish breakout of TOTAL3 and positive indicators signal that UMAUSDT will also see long-term bullish momentum, which would favor altcoins in general.
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The "Others" chart shows a bullish breakout from a cup-and-handle pattern. Indicators support more upside, confirming a positive trend. This would, in turn, mean that UMAUSDT is likely to follow the same bullish momentum in the long term.
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On the BTC.D chart, there is a bullish trajectory within an upward channel; indications are very strong. However, if dominance has to drop, it will most probably favor altcoins and point towards the longer-term bullish phase for UMAUSDT.
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Trade Details:
Entry: Around 2.079 ( Join my Binance live for premium crypto signals )
1st Tp: 3.759
2nd Tp: 4.611
3rd Tp : 6.831
$UMA #swap_crypto #UMA Important 👇
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