Technical analysis by CryptoAnalystSignal about Symbol UMA: Buy recommendation (6/12/2025)

#UMAThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel, which is support at 1.36.We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are heading toward stability above the 100 moving average.Entry price: 1.41First target: 1.45Second target: 1.50Third target: 1.57