UMA / TetherUS
Short
Updated

UMA sell/short setup

969
We are looking for sell/short positions in the supply range.

The targets are marked on the chart.

At the bottom of the chart we have a lot of IFC moves.

Closing a daily candle above the invalidation level will violate the analysis

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade closed: target reached
It didn't quite hit the entry range, but our view on UMA was correct
snapshot

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