UAI has slipped into today's losers list, but I don't automatically see that as a bearish long-term signal. Sharp pullbacks often reveal where real demand exists, and that's the level I'm watching rather than today's percentage loss.
From my perspective, sellers have the upper hand for now as the chart continues printing lower highs. I'll only shift bullish if buyers reclaim resistance with convincing volume. Until then, I expect price to remain under pressure with the possibility of another support test.
Support: $0.2320 – $0.2360
Resistance: $0.2480 – $0.2550
I'm staying patient and will only consider an entry after a confirmed breakout above resistance.
Entry Zone: $0.2485 – $0.2510
Stop Loss: Below $0.2360
Target 1: $0.2630
Target 2: $0.2780
Target 3: $0.2950
When the trend weakens, protecting capital becomes more important than trying to catch the exact bottom.
This is my personal market view, not financial advice.
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