$UAI – Bounce stalling as momentum fades near resistance

Trade Setup: Short $UAI

• Entry Zone: 0.432 – 0.458

• Target 1: 0.400

• Target 2: 0.365

• Target 3: 0.330

• Stop Loss: 0.480

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 follow-through now looks weaker and 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. When upside begins to stall like this, it often leads to another leg lower once buying pressure fades.

Just click trade here 👇

UAIUSDT

Perp

0.2024

-8.00%