$UAI Breakout continuation setup
Long setup
Entry: 0.3000–0.3120
Stop-loss: 0.2840
TP1: 0.3480
TP2: 0.3840
TP3: 0.4200
UAI is showing strong upward momentum after holding the 0.2511–0.2766 support zone. The price has surged above the previous consolidation range and is now testing resistance at 0.3238, with buying volume increasing.
The preferred strategy is to wait for a pullback to the 0.3000–0.3120 zone rather than chase the current rally. If the price breaks clearly above 0.3238 and holds there, it could head toward 0.3480, followed by 0.3840 and 0.4200.