UMAUSDT (UMA) - POTENTIAL BUY ENTRY

ANALYSIS 🔎
- UMAUSDT is printing a falling wedge pattern.
- This is reversal pattern.
- A bullish pattern to be precise.
- Price action is printing the double bottom pattern.
- This is also a bullish reversal pattern.
- RSI is printing a bullish divergence signal.
- Price is testing the falling wedge's resistance and double bottom neckline resistance.
- There's a breakout potential.

BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance and the double bottom neckline resistance.

TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).

SETUP INVALIDATION ❌
- Breakdown below the double bottom horizontal support level (S1).