$UMA /USDT – Bearish Rejection Setup

UMAUSDT

Perp

1.17

-3.38%

$UMA is approaching a short-term resistance zone near $1.17 after a relief rally. The structure remains weak, favoring a potential short setup.

Short Entry: 1.169

Take Profit 1: 1.145

Take Profit 2: 1.131

Take Profit 3: 1.118

Stop Loss: 1.184

Key Factors:

• Price stalling below previous high at $1.174

• Sharp rejection expected from current level if bulls fail to break above

• 15m candles showing signs of exhaustion

• Clean R:R with tight stop placement just above resistance

Watch for bearish confirmation before entry. Trade safe.

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