📊 $UMA /USDT Technical Analysis – Binance Update

Current Price: $3.144 (+3.29%)

24h High: $3.275

24h Low: $2.921

Volume (24h): 3.59M UMA / 11.36M USDT

Market Overview

The UMA/USDT pair is showing bullish momentum, with a 7.41% price increase over the last 24 hours. The market is recovering from recent lows, pushing toward resistance zones. The upward trend may indicate further growth if the momentum holds.

Key Technical Levels & Targets 🎯

1. Target 1 – $3.30:

Immediate resistance zone.

A breakout above this level would confirm continued bullish sentiment.

2. Target 2 – $3.50:

Medium-term resistance.

If volume supports the upward move, this level could be achieved within days.

3. Target 3 – $4.00:

Strong psychological and technical resistance.

Reaching this level would confirm a significant upward rally and signal a new high for the month.

Indicators to Watch

RSI: Currently near neutral but trending upward, indicating room for further growth before overbought levels are reached.

Support Levels: $3.00 and $2.90. These are key zones to watch if the price retraces.

Volume: Sustained trading volume is critical for maintaining upward momentum.

📈 Strategy Tip: Monitor for a breakout above $3.30 with strong volume confirmation. Tight stop-loss levels around $3.00 can protect against sudden reversals.

Stay tuned for updates, and trade wisely!

#UMA #Crypto #Binance