$UAI got slammed again. The 9M bearish candle at 20:00 pierced straight through the rebound platform; price is now 0.139, down about 31% over 24 hours.
The positioning is interesting: the number of contracts has kept rising over the past 48 hours, while their value has halved—a classic case of deleveraging at elevated levels. RSI has dropped to around 26, while MA20 is still far away at 0.161. The rising support has broken, and descending resistance continues to weigh on price.
Don’t rush to buy the dip unless a weak rebound reclaims 0.165. This view is invalidated if price reclaims the former platform at 0.165 on increased volume. Not investment advice.
#合约 $UAIUSDT
The positioning is interesting: the number of contracts has kept rising over the past 48 hours, while their value has halved—a classic case of deleveraging at elevated levels. RSI has dropped to around 26, while MA20 is still far away at 0.161. The rising support has broken, and descending resistance continues to weigh on price.
Don’t rush to buy the dip unless a weak rebound reclaims 0.165. This view is invalidated if price reclaims the former platform at 0.165 on increased volume. Not investment advice.
#合约 $UAIUSDT
