$UAI
— Shorts Getting Squeezed
$1.45K in short positions disappeared at $0.58155. This indicates buyers managed to force leveraged sellers out of the market, potentially creating room for another upward push.
Support: $0.57–$0.58
Resistance: $0.60–$0.62
Buy entry: $0.575–$0.585 with confirmation
Sell/TP: $0.60–$0.62
Next move: A sustained move above $0.60 could attract momentum traders, while slipping below $0.57 would invalidate the bullish setup.