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The current price of $0.32476 has entered the safe zone we discussed earlier ($0.32 - $0.33).
This position is already good enough to enter because:
- It is supported near the previous low level ($0.30898)
- The order book is still dominated by buy orders (65.62%)
- MACD is starting to flatten, indicating the downward momentum is beginning to stop
You can enter now safely, but still set a stop loss below $0.308 to be safe in case it breaks through. 😉
$UAI #WCTCTradingKingPK