Guys, $UAI is showing a high-probability SHORT setup.
After a massive pump, price is testing a major resistance zone near 0.49–0.50. Rejection from this area could trigger a healthy correction before the next trend develops.
Trade Setup: SHORT
Entry Zone: 0.4600 – 0.4750
TP1: 0.4350
TP2: 0.4100
TP3: 0.3800
TP4: 0.3500
Stop Loss: 0.5000
My analysis is that buyers are losing momentum after the explosive rally, and the long upper wick near resistance suggests selling pressure is increasing. Traders already in profit should protect their gains, while new traders should wait for a confirmed rejection instead of entering too early.
Keep an eye on Binance: $TAO
& $DIA
After a massive pump, price is testing a major resistance zone near 0.49–0.50. Rejection from this area could trigger a healthy correction before the next trend develops.
Trade Setup: SHORT
Entry Zone: 0.4600 – 0.4750
TP1: 0.4350
TP2: 0.4100
TP3: 0.3800
TP4: 0.3500
Stop Loss: 0.5000
My analysis is that buyers are losing momentum after the explosive rally, and the long upper wick near resistance suggests selling pressure is increasing. Traders already in profit should protect their gains, while new traders should wait for a confirmed rejection instead of entering too early.
Keep an eye on Binance: $TAO
& $DIA