$UMA USDT – BEARISH BREAKDOWN CONTINUES! SHORT TRADE SIGNAL
LOWER HIGHS CONFIRM SELLING PRESSURE
SUPPORT BREAK TRIGGERS DOWNSIDE EXTENSION
Price has sharply rejected from the $2.05 zone and is consistently forming lower highs and lower lows. A minor support at $1.612 has broken down, signaling continuation of bearish momentum.
Trade Setup:
Short Entry: 1.625
Take Profit (TP): 1.580 / 1.520
Stop Loss (SL): 1.672
Market Outlook:
With declining volume on green candles and increasing pressure at local supports, sellers remain in control unless the price reclaims $1.68.
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