$UAI Perp

Current Price 0.1366

Market Overview

UAI is retracing after a failed attempt to sustain higher prices. The rejection suggests overhead supply is still dominant, but the pullback remains within a broader range. This places the asset in a neutral-to-bearish zone where confirmation is critical.

Key Support and Resistance

Support is located near 0.128 to 0.130, a level that has previously attracted buyers. Resistance is positioned at 0.145, with a higher ceiling near 0.160 if momentum returns.

Trade Targets

Range traders may look for longs near 0.130 with tight invalidation, targeting 0.145. A confirmed breakdown below 0.128 would shift bias bearish, opening downside targets toward 0.118.

Pro Tips

When trading range-bound assets, reduce expectations. Smaller, quicker targets with strict stops outperform swing-style trades in such conditions.