$UMA

/USDT: Watch For Continuation Momentum 💯💥🔥

UMA is currently trading at $3.170, down 2.25% in the last 24 hours. Here's a strategy to approach this DeFi market fluctuation:

Targets 🎯

1. Rebound Above $3.20

🎯 $3.30 | 🎯 $3.40 | 🎯 $3.50

Stop Loss: $3.05

2. Support at $3.10

🎯 $3.15 | 🎯 $3.20 | 🎯 $3.25

Stop Loss: $3.00

3. Breakdown Below $3.10

🎯 $3.00 | 🎯 $2.90 | 🎯 $2.80

Stop Loss: $3.10

DeFi Insights

RSI: At 47, suggesting a balanced market, but a breakout could happen either way.

MACD: Neutral, indicating indecision and a potential for both upward and downward movement.

Bollinger Bands: Price near the lower band, suggesting a possible rebound or continued downtrend.

UMA is in a consolidation phase—keep an eye on support or resistance levels for the next movement!

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