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$UMA Short Idea: Price tapped a key resistance… and failed to push higher.
Why this matters 👇
Market trend is still bearish, upside momentum is weak, and liquidity sits below recent lows.
Entry: $0.714 | Stop: $0.751 | Targets: $0.690/$0.651
If Price Shows Rejection Here, Bears May Stay in Control.
Risk managed. Eyes on confirmation.
#UMA @UMAprotocol