📉 $UMA
BEARISH TREND PERSISTS – SELL PRESSURE INTACT 🔻
💰 Current Price: $1.098 (-3.35%)
UMA is trading near local lows after failing to break above $1.146. The price is drifting downward with weak buying momentum, suggesting further downside if support cracks.
📊 Key Technical Levels:
🔺 Resistance: $1.146 – Recent high and rejection point
🔻 Support: $1.078 – Key level holding the floor
📍 Current Price: $1.098 – Trading in the danger zone
📌 Trade Setup – SHORT Entry:
🔹 Entry: $1.095 – On confirmation below current support
🎯 TP1: $1.080
🎯 TP2: $1.050
🛑 SL: $1.148 – Above resistance and structure break
📉 Bears remain dominant unless bulls reclaim $1.12+ with volume.
⚠️ Risk Management Tip:
Use strict SL and cap risk to 1–2% per trade. Avoid overexposure in choppy markets. 📊🛡️