Technical analysis by CryptoAnalystSignal about Symbol UMA: Buy recommendation (3/25/2025)

#UMAThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a bounce from the lower boundary of the descending channel, which is support at 1.36.We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.We are looking for stability above the 100 moving average.Entry price: 1.39First target: 1.42Second target: 1.45Third target: 1.49#UMAFirst target: 1.42 ReachedSecond target: 1.45 Reached