$UMA /USDT short trade signal 🛑 🚦

BEARISH PRESSURE BUILDING - SHORT NOW FOR PROFITS!

First Paragraph: UMA/USDT is currently trading at $1.125, showing a slight -0.09% dip. With resistance around $1.160 and a low of $1.079, the market is under bearish pressure. A potential breakdown below $1.100 could trigger a larger pullback towards the $1.079 support level. Enter short positions for possible quick gains.

Trade Setup:

Entry Price: $1.120

Take Profit (TP): $1.100

Stop Loss (SL): $1.140

Outlook: As UMA struggles near the resistance zone, further downside could be expected, especially if it breaks below $1.100. The market shows signs of weakening momentum, so keep an eye on potential support levels.

#UMAUSDT #BearishTrend #CryptoTrading #Binance #DeFiSignals

$UMA

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