$UMA /USDT – SHORT TRADE SETUP
Price at 1.545 is facing selling pressure after failing to sustain the bounce from 1.521 support. The broader trend remains bearish, with sellers stepping in near intraday resistance at 1.564 – 1.591.
Entry Zone: 1.545 – 1.555
Targets:
TP1: 1.530
TP2: 1.515
TP3: 1.495
Stop Loss: 1.565
As long as UMA trades below 1.565, momentum favors sellers, with downside potential extending towards 1.500 – 1.490 in the short term.
