$UAI is undergoing a healthy correction after its recent rally. Price has lost the MA99 on the 1hr timeframe, signaling short-term weakness, but the higher timeframe structure is still intact as long as it remains above the MA200 in daily chart.
In 4Hr Chart Price has broken below the MA25.
Daily Chart, Price is currently correcting toward the MA99. This pullback appears to be a retracement rather than a confirmed trend reversal.
The current move looks like a liquidity sweep and correction before the next potential leg higher, provided key supports continue to hold.
Immediate Resistance: $0.46