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UMA / TetherUS

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UMAUSDT trade ideas

UMA/USDT Ready for an Explosive Bullish Rally? 👀🚀UMA Analysis💎Paradisers, let's focus on #UMAUSDT, as the current trend signals a viable opportunity for a bullish turnaround from its essential support zone. 💎Reviewing #UMA's latest market activity, we note a significant 45% drop from its recent high. Yet, the steadfastness at the support level of $3.92 suggests a doorway to an upward trajectory. 💎Despite the challenges in surpassing new highs or previous milestones, leading to a temporary bearish sentiment, the $3.92 level is pivotal for #UMA. This point is teetering on the edge of sparking a substantial bullish wave upon another look. 💎As forward-thinking traders, we always have a plan B. If #UMA declines further from this support, we're gearing up for a bullish revival starting from the next support at $3.12. It's important to remember, however, that a fall below this marker could indicate a deeper bearish trend. 💎Keep your strategies adaptable and your eye on the market trends, Paradisers. Your ParadiseTeam is diligently watching, ready to guide you through these evolving market scenarios.
Long
by MyCryptoParadise_Simon
1
UMA: Get Ready to BUYUMA/USDT is near 61,8% Fibonacci Support. .................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Long
by CryptoTrend-Alerts
📊#UMA potential double bottom structure deserves attention👀🧠We have entered a correction phase after a strong move up and there is currently an opportunity here for a double bottom bullish structure to form. In addition, there is also an expectation of rebound after sweeping the liquidity pool, so the next bullish trend is highly likely.📈 ⚠️Note that there are no absolutes in the trading market, so risk management is a must. ➡️If you like my analysis, please don’t forget to like the post❤️
Long
by wolf_king888
UMA - A decentralised OracleOn the above 8-day chart price action has corrected 95% since the sell signal back in February 2021. A number of reasons now exist to be long, including: 1) You know why.. 2) Price action and RSI resistance breakouts. 3) Strong bullish divergence between price action and the oscillators. Eight of them as measured over a 160 day period. 4) A double bottom on past support, excellent. Is it possible price action continues to correct? Sure. Is it probable? No Ww Type: Trade Risk: 6% Timeframe: A week or so, don’t wait for lower lows. Return: Couldn’t say
Long
by without_worries
8