$UAI – Bounce pushing higher but starting to lose momentum into this area

Trading Plan Short $UAI

Entry: 0.432 – 0.458

SL: 0.480

TP: 0.400

TP: 0.365

TP: 0.330

The bounce managed to extend higher but the move is beginning to slow down around this zone. Buyers tried to keep the recovery going, though the follow-through now looks weaker and the structure is turning more choppy. Instead of a clean continuation higher, price is starting to grind into resistance. Sellers appear to be gradually stepping back into the market, and when the upside begins to stall like this it often leads to another leg lower once buying pressure fades.

Trade $UAI here 👇

UAIUSDT

Perp

0.3161

-23.68%