$UMA

/USDT Technical Analysis & Trade Signal

Current Price: $3.83 (+13.96%)

Trend: Bullish (Uptrend in the short term)

Key Levels:

Support: $3.37 (24h Low)

Resistance: $4.00 (24h High)

Technical Indicators:

RSI: Neutral (~60), suggesting neither overbought nor oversold conditions.

MACD: Bullish crossover, indicating upward momentum.

Moving Averages: 50 SMA above 200 SMA, supporting a bullish trend.

Trade Signal:

Buy: Enter around $3.80-$3.85 with confirmation from volume and momentum.

Target Levels 🎯:

1. Target 1: $4.00 (First Resistance)

2. Target 2: $4.15 (Next resistance level based on recent price action)

3. Target 3: $4.30 (Potential breakout level)

Trade Momentum:

Bullish Momentum is strong due to recent price action and positive technical indicators.

Watch for pullbacks or consolidation near $3.80 to $3.85 for a more favorable entry point. Monitor the volume to confirm the strength of the move.

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