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$UAI showing signs of fading momentum after rejection near the 0.31 resistance 📉
Short $UAI
Entry: 0.292 – 0.302
SL: 0.335
TP1: 0.275
TP2: 0.260
TP3: 0.245
TP4: 0.225
Why:
After the strong impulse move from the 0.22 area, price got rejected near 0.313 and has started forming lower highs. The recent candles show weakening momentum with sellers stepping in around the MA7 area. MACD is turning bearish and RSI is sliding out of the momentum zone, suggesting the rally is cooling off. If price loses the 0.29 support area, a deeper pullback toward the previous demand zones could follow.
Trade $UAI here 👇
{future}(UAIUSDT)