$UAI fell 37.48%.
My take: Open interest is rising as price falls, with new positions amplifying the move in the same direction. Bears are in control.
A rebound to 0.116786 (15m structure level · touched 7 times) that fails to reclaim it would confirm the continuation of the bearish structure.
#UAI #Binance Futures
Will you wait for it to stabilize, or keep sitting on the sidelines?
My take: Open interest is rising as price falls, with new positions amplifying the move in the same direction. Bears are in control.
A rebound to 0.116786 (15m structure level · touched 7 times) that fails to reclaim it would confirm the continuation of the bearish structure.
#UAI #Binance Futures
Will you wait for it to stabilize, or keep sitting on the sidelines?
