$UAI/USDT SHORT TRADE SETUP
$UAI is currently trading at 0.1719, showing signs of a potential reversal after failing to sustain levels above the 0.2000 psychological resistance. Despite recent volatility and some bullish recovery attempts, the price remains below its 24h high of 0.1831 and is facing significant technical headwinds as the broader crypto market enters a consolidation phase. Technical analysis indicates that several mid-term indicators, including the 50-day and 100-day moving averages, are suggesting a "Sell" or "Soft Sell" signal as momentum begins to weaken.
Target Points
TP1: 0.1650 (Critical support level; a break below could accelerate selling)
TP2: 0.1580 (Previous consolidation floor and liquidity zone)
TP3: 0.1400 (Major support level and historical entry zone)
Stop Loss
Set stop loss above 0.1850 to manage risk against a potential breakout or a sudden relief bounce toward the 24h high.
Buy and Trade here on $UAI
