For the $UMA /USDT 15-minute time frame, the current price is 2.793 USDT. Based on the chart, here’s the analysis:

Resistance is placed at 2.875 USDT, which is the 24-hour high. Support is identified at 2.656 USDT, the 24-hour low.

An entry for a trade can be considered around 2.780 USDT to capture the upward momentum.

Take-profit (TP) levels: TP1 is set at 2.810 USDT. TP2 is set at 2.850 USDT. TP3 is set at 2.870 USDT.

Stop-loss (SL) can be placed at 2.730 USDT to mitigate downside risk.

This setup aims to capture moderate gains with a focus on risk management through tight take-profit and stop-loss levels.

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