$UAI lost the 0.1 level (current price: 0.1001, now back above the level). There are two possible scenarios next:
① It rebounds to 0.1 but fails to reclaim it → the level turns into resistance; next, watch the 24h low of 0.0909
② It quickly moves back above 0.1 → this was probably a false breakdown, and short positions could easily get squeezed
I’m more focused on how the first rebound plays out.
Just one person’s opinion—take it with a grain of salt. This is not financial advice.
① It rebounds to 0.1 but fails to reclaim it → the level turns into resistance; next, watch the 24h low of 0.0909
② It quickly moves back above 0.1 → this was probably a false breakdown, and short positions could easily get squeezed
I’m more focused on how the first rebound plays out.
Just one person’s opinion—take it with a grain of salt. This is not financial advice.
