---$UMA
UMA/USDT Pump: A Clear Breakout Call!
đ Prediction Analysis (1D Timeframe):
In the first image, I shared my technical analysis of UMA/USDT, identifying a descending resistance line and the price nearing a key support zone. It was clear to me that we were about to see a breakout. Letâs recap the signals:
The price was tightly consolidating in the support zone at $2.00-$2.35, creating a strong foundation.
A downward resistance trendline had been suppressing the price for months, but the momentum was building for a breakout.
A breakout was imminent once UMA could close above this trendline, which would lead to a test of the higher resistance zone at $6.00.
My projection marked an upward move as UMA was about to break out from its prolonged downtrend, targeting the $4-$6 range.
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đ Outcome: UMA/USDT Breaks Out!
The second image confirms what we predicted! UMA/USDT broke out of the resistance, achieving an incredible gain of 51.05%. This move came as expected after breaking the descending trendline. Here's a closer look at the trade:
UMA surged from $2.35 to $2.97 in no time, confirming the predicted breakout.
The next price target would be a retest of the $4-$6 resistance zone, where significant selling pressure may come in.
With UMA reclaiming this bullish structure, further upside momentum remains on the table for mid-term traders.
We caught this move just in time, capitalizing on the breakout!
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Stay tuned for more in-depth technical analysis and breakout predictions like this. Keep following the channel to stay ahead of the market! đđ„
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