$UAI has a high probability of extending its bearish move after failing to reclaim resistance and continuing to print lower highs. Consider a Short position, but the risk is high due to possible short-term volatility.

Short Setup

Entry: $0.2335 – $0.2355
TP: $0.2280 – $0.2230 – $0.2190 – $0.2158
SL: $0.2425