$UAI A brutal two-hour sell-off early in the session nearly halved the price, yet open interest rose instead of falling—now it's bouncing near the daily low.
Order book: Down about 44% over 24h, with roughly 95.5 million U in volume. The price plunged from a daily high of 0.089 to a low of 0.0405. The 10:00 hourly candle fell about 14.5% (roughly 12 million U in volume), followed by another drop of around 11% at 11:00—nearly a 50% loss in two hours. But OI contract count climbed from about 100 million early in the session to around 156 million (roughly 7 million U in notional value), while long accounts still make up about 69%. Price is now around 0.0447, rebounding from 0.0427 in the 18:00 hourly candle.
For the bulls: Wait for the price to hold above 0.046 before considering adding to positions. A break below the daily low of 0.0405 would invalidate this rebound. Shorts are continuing to build positions without pushing the price to a new low, so the risk of a short squeeze is also rising.
#UAI腰斩OI逆增 #Rebound near the daily low
Order book: Down about 44% over 24h, with roughly 95.5 million U in volume. The price plunged from a daily high of 0.089 to a low of 0.0405. The 10:00 hourly candle fell about 14.5% (roughly 12 million U in volume), followed by another drop of around 11% at 11:00—nearly a 50% loss in two hours. But OI contract count climbed from about 100 million early in the session to around 156 million (roughly 7 million U in notional value), while long accounts still make up about 69%. Price is now around 0.0447, rebounding from 0.0427 in the 18:00 hourly candle.
For the bulls: Wait for the price to hold above 0.046 before considering adding to positions. A break below the daily low of 0.0405 would invalidate this rebound. Shorts are continuing to build positions without pushing the price to a new low, so the risk of a short squeeze is also rising.
#UAI腰斩OI逆增 #Rebound near the daily low
