$UAI just hit a new all-time high at $0.8210, and currently trading around $0.7800.
Price pushed into uncharted territory after breaking through previous resistance levels. The question now — is this the start of a new leg up, or a top formation?
If buyers hold above $0.7800 and reclaim $0.8210 with volume, the path toward $0.8520 opens up.
But if sellers step in and reject price here, we could see a pullback toward $0.6273 and possibly $0.5792.
Guys $IOST is made Insane Rally and now What's Next? 👀
$IOST currently trading at $0.001976, after exploding from $0.000805 to the $0.002220 high.
This structure is important.
Price shot up vertically with massive volume, but now it's pulling back from the resistance zone. The question is — is this a healthy retrace before another leg up, or the start of a dump?
If buyers hold above $0.001900 and reclaim $0.002220 with volume, the path toward $0.002330 opens up.
But if sellers step in and break below $0.001900, we could see a drop toward $0.001197 and potentially $0.000805.
$SKHY is currently trading at $198.98, and pushing toward the $199.06 high.
This structure is important.
Price is attempting to break through the $199 resistance zone after a strong run from $183.94. The stock is leading at +7.58%, which suggests conviction behind the move.
If buyers hold above $199.06 and push through with volume, the next resistance sits at $201.25 and potentially higher.
But if sellers step in and reject price here, we could see a pullback toward $191.62.