$UAI almost at the finish line
After a confident move above the EMA50, buyers are completely holding the initiative. The price has already passed most of the impulse and is now consolidating before the next nearby supply zone.
What’s important now:
EMA50 continues to act as dynamic support. The structure remains bullish as long as the price stays above it. The impulse hasn’t been broken yet—the market is only digesting the latest rise.
The nearest target is the upper bearish order block at 0.60-0.64. That’s where the first serious reaction from sellers is most likely to appear.
If the price loses the EMA50 and settles below it, the likelihood of a pullback toward the nearest bullish order block will increase, where you can again expect a reaction from buyers.
After a confident move above the EMA50, buyers are completely holding the initiative. The price has already passed most of the impulse and is now consolidating before the next nearby supply zone.
What’s important now:
EMA50 continues to act as dynamic support. The structure remains bullish as long as the price stays above it. The impulse hasn’t been broken yet—the market is only digesting the latest rise.
The nearest target is the upper bearish order block at 0.60-0.64. That’s where the first serious reaction from sellers is most likely to appear.
If the price loses the EMA50 and settles below it, the likelihood of a pullback toward the nearest bullish order block will increase, where you can again expect a reaction from buyers.