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My younger sister just casually glanced at $UAI 's 1-hour chart—it's risen quite a bit, but the short-term fee rate still remains in the negative zone and hasn't moved at all, which is very telling 📉
The last bullish candle's body closed quite high, but the trading volume is only about 60% of the previous one, a typical case of price pushing without volume. Looking at the order book, the buy side is thin, while the sell orders are quite thick, and the market maker is clearly just pushing up gradually, waiting for people to chase in and buy. The main players who genuinely want to push the price higher would have already turned the fee rate red; how could it still be inverted with such a rise?
My younger sister just opened a small short position at the current price, with a stop-loss above the bullish candle's body. She’s waiting for this volume to fail and for the price to pull back before adding more. Brothers, do you think this volume rise can fool a few more buyers into chasing long 🤔#Gate广场五月交易分享