$UAI (1h) - Bearish Reversal Short


Bias: Short
Entry (Zone): 0.2960 - 0.3010
Targets:
TP1: 0.2860
TP2: 0.2780
TP3: 0.2660
Stop Loss: 0.3055
Why this Setup:
I’m looking for a short after the strong spike into resistance, since price is stretched and starting to cool off beneath the recent highs. I want to sell into a failed retest of the 0.30 area and ride a pullback toward the prior consolidation levels if momentum fades.
UAI5.03%
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