UMA / TetherUS
Short

UMAUSDT (1H) - Bearish breakout

244
Hi Traders

UMAUSDT (1H Timeframe)

The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 1.4740 support level. Only the upward break of 1.5570 would cancel the bearish scenario.

Trade details

Entry: 1.4740
Stop loss: 1.5570
Take profit 1: 1.4227
Take profit 2: 1.3397

Score: 8
Strategy: Bearish breakout

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