๐ก Ultra(UOS): Oversold but Caution Needed
Ultra is hovering at $0.031, trading below its 50-day and 200-day moving averages. Short-term indicators show weakness, signaling a bearish trend, yet the RSI is very low, suggesting the coin is oversold and a small rebound is possible.
However, uncertainty around exchange listings and slowing Web3 gaming adoption could limit upside. Traders should watch key levels carefully โ a recovery may be short-lived if external risks persist.
๐ Are you watching UOS bounce back, or waiting for stronger signs before entering?