$UAI about to take sharp draw down if this happens...
Currently price is trading at 0.3497, with over 58% increase
in the market cap and outstanding 261% increase in volume.
However the truth is that buyers are drying as price
now forms rising wedge on hourly time frame,
with top blown off like candles on the birthday cake. 😂🥳
A liquidity sweep attempt as buyers exit at
the fake breakout. A typical signal that sellers are now
active at the resistance levels above. Volatility remains
high as price converges into the pointy wedge,
a break below 0.34 could lead to rapid sell-off.
Take caution and be prepared.
#bearish #Market_Update