$UAI 15-minute decline of 9.36%, current price 0.04235. There are two possible scenarios from here:
① If volume contracts, the price holds steady, and it recovers the breakdown level → this move looks more like a shakeout.
② If the rebound is weak and it falls below the 24-hour low of 0.03601 → the downtrend may continue.
I’ll wait to see how strong the first rebound is before drawing a conclusion. Will the market turn next?
#UAI
① If volume contracts, the price holds steady, and it recovers the breakdown level → this move looks more like a shakeout.
② If the rebound is weak and it falls below the 24-hour low of 0.03601 → the downtrend may continue.
I’ll wait to see how strong the first rebound is before drawing a conclusion. Will the market turn next?
#UAI
