After several attempts, the price of #UMA finally failed to break the resistance level of $3.800-$3.900 , and the bearish scenario continued.
The support level of $3.100-$3.200 - has been broken, and the price has formed a relatively #downward channel in the short term. Now, the price is at the bottom of the channel. If the price decline continues and the current level is breached, the price will drop to $2.500.
In the higher time frame, all these fluctuations of the reforms are a big #upward movement, and in the long term, it is still an upward trend.
