$UMA USDT – BEARISH REVERSAL AFTER SPIKE – SHORT TRADE SIGNAL

STRONG REJECTION FROM $2.05 ZONE

PRICE BROKE BELOW INTRADAY SUPPORT NEAR $1.72

Trade Setup:

Short Entry: $1.690

Take Profit Targets: $1.62, $1.58

Stop Loss: $1.74

Market Outlook:

UMA saw a rapid surge but faced heavy resistance at $2.057 followed by consistent lower highs and breakdown of key support levels. Bearish pressure is likely to continue in the short term.

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