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This is the pattern that traders are always waiting for… clear structure, momentum ready for a new rally 🤝
$UMA shows a strong recovery from an important support zone as buying interest clearly returns. After a correction phase, the price has established a stable base and is beginning to form higher structures (higher lows), indicating that the buyers are gradually regaining control. The current momentum supports the continuation of the upward trend to higher price levels.
Trade Setup (Long)
⟶ Entry zone: 0.485 – 0.495
• Take profit 1 (TP1): 0.520
• Take profit 2 (TP2): 0.540
• Take profit 3 (TP3): 0.580
⛔ Stop loss (SL): 0.460
As long as the price remains above the 0.485 zone and does not break below the 0.460 mark, the short-term bullish structure remains intact. If momentum continues to improve, the targets of 0.540 – 0.580 can be fully achieved in the upcoming upward moves.
Strict capital management and disciplined trading will help maximize profits in this scenario. Click below to execute the trade 👇
{spot}(UMAUSDT)