A bounce into resistance could be exactly what sellers need here. $UAI is trading around 0.38160, with bearish structure holding across the lower timeframes and all three MTFs keeping the pressure tilted south.
Entry: 0.38672 - 0.39036
TP1: 0.38101
TP2: 0.37520
SL: 0.39490
The 15m keeps the lower-high/lower-low sequence alive, while 1H and 4H are still leaning bearish despite some mixed swings underneath. If price climbs back into the 0.38672-0.39036 area and sellers step in, that gives the short a much cleaner trigger.
Entry: 0.38672 - 0.39036
TP1: 0.38101
TP2: 0.37520
SL: 0.39490
The 15m keeps the lower-high/lower-low sequence alive, while 1H and 4H are still leaning bearish despite some mixed swings underneath. If price climbs back into the 0.38672-0.39036 area and sellers step in, that gives the short a much cleaner trigger.
