๐ $UMA / USDT Heating Up: Seize the Moment! ๐
๐ฐ Current Price: $3.177 (+13.63%)
24H High: $3.27524H Low: $2.78624H Volume ( $UMA ): 3.84M24H Volume (USDT): $11.87M
Performance Breakdown
Todayโs Change: +8.40%, showcasing strong bullish momentum.Weekly Performance: +15.66%, confirming consistent buying interest.Monthly Trend: -21.05%, indicating a recent correction phase.Long-Term Trends:90 Days: +7.81%, reflecting moderate recovery.180 Days: +59.44%, highlighting substantial long-term growth.1 Year: +47.65%, demonstrating impressive yearly gains.
Technical Analysis
1๏ธโฃ Trend Movement:
The 15-minute chart reveals increased volatility, with a sharp bounce from $3.16 support and resistance tested near $3.28.
2๏ธโฃ Support Levels:
Immediate support at $3.16, a key level for maintaining bullish momentum.
3๏ธโฃ Resistance Levels:
Immediate resistance at $3.28, with potential for further upside if broken.
4๏ธโฃ Candlestick Insights:
Mixed signals, with recent lower highs but a bullish rebound indicating potential continuation of the upward trend.
๐ก Trading Strategy:
Short-Term: Monitor price action near $3.28 for a breakout or rejection.Key Levels:Support: $3.16Resistance: $3.28Market Sentiment: Bullish, with strong volume and price movement signaling potential for further gains.
๐ Is UMA set to break new highs, or will the resistance hold strong? Let us know your thoughts below!
