šŸšØ $UMA /USDT BEARISH PULLBACK INCOMING! šŸšØ

Despite a +12.09% daily gain, UMA is showing signs of weakness as key indicators hint at exhaustion. šŸ“‰āš ļø

šŸ” Key Levels:

Resistance: $1.236 šŸ”¼

Support: $1.099 šŸ”½

Current Price: $1.196

šŸ“Š Indicators:

EMA(7): 1.204

EMA(25): 1.214

EMA(99): 1.167

MACD: Bearish crossover forming (DIF < DEA) āŒ

RSI(6): 38.44 ā€“ Bearish territory āš ļø

šŸ“‰ Trade Setup (SHORT):

Entry: Below $1.190 confirmation candle

Take Profit (TP):

TP1: $1.099 šŸŽÆ

TP2: $1.062 šŸ„…

Stop Loss (SL): $1.236 šŸš«

šŸ“Œ Risk Management:

Stick to 1.5ā€“2% of capital, use tight SL in case of bullish reversal. Manage your position sizing carefully! āš–ļøšŸ›”ļø

šŸ”„ Bearish pressure building ā€” short-term correction likely before next move! šŸ”„

#UMA #CryptoAlert #BearishSetup #TechnicalAnalysiss #CircleIPO $UMA