â ď¸ $UAI just surged over 30% â but the rally is running straight into a major resistance zone.
$UAI / USDT - SHORT đ
Trade Plan:
đš Entry: 0.378 â 0.386
đš SL: 0.401
đŻ TP1: 0.355
đŻ TP2: 0.330
đŻ TP3: 0.300
Why this setup?
After an aggressive rally from 0.2625 to 0.3994, UAI is showing signs of buyer exhaustion near a critical resistance level.
The rejection from 0.3994 indicates that sellers are actively defending the psychological 0.40 zone, preventing bulls from achieving a clean breakout.
Volume exploded during the upward move, but the latest candles suggest momentum is slowing as profit-taking pressure increases.
Price is currently stretched far above its recent support levels and moving averages, making a corrective retracement increasingly likely.
If bears maintain control below the 0.40 resistance area, UAI could retrace toward lower liquidity zones where stronger demand may re-enter the market.
Debate:
Is UAI preparing for a breakout above 0.40, or was the recent spike simply a liquidity grab before a deeper correction?
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$UAI
#UAI #Binance #TradingSignals #ShortTrade #Bearish