$UMA
/USDT Technical Analysis & Trade Signal💯🚀
Current Price: $3.19
24h High: $3.255
24h Low: $3.102
Key Technical Indicators:
1. Support Level: $3.10 - $3.12
2. Resistance Level: $3.25
3. Trend: Bearish (slight downward movement indicated by -0.22% change)
4. Momentum: Neutral to Bearish (no strong bullish breakout, sideways movement)
5. Volume: Relatively high (5.38M USDT traded), indicating decent market participation.
Trade Signal:
Buy Signal: A breakout above $3.22 could trigger a bullish move, targeting $3.25 (Resistance) with possible continuation.
Sell Signal: If the price breaks below $3.10, a further decline to $3.05 is likely.
Neutral/Range Bound: For those avoiding volatility, consider trading within the $3.10 to $3.22 range.
Target Levels 🎯:
1. Target 1: $3.25 (Resistance)
2. Target 2: $3.35 (Next Resistance Zone)
3. Target 3: $3.05 (Support Zone)
Momentum: Currently, momentum is weak, with a slight bearish bias. Traders should be cautious and wait for confirmation of breakouts before taking action.