Recently, UAI has experienced a short-term decline of over 10%. What exactly has happened behind this market movement? A 15-minute candlestick chart can give us some clues. The average gain and loss of the last ten candlesticks reached -0.58%, and there have been consecutive strong bearish candles with real body proportions exceeding 85%, indicating that the market has faced quite concentrated and decisive selling pressure in a short period. Considering the current high volatility (average range of 1.94%) and the volume-driven decline, there are likely two main reasons: first, short-term profit-taking or panic selling has accumulated; second, the overall market sentiment is pessimistic, with funds flowing out of the altcoin sector.
Regarding current trading opportunities, the market is in the most intense phase of bulls versus bears. The key level to watch is 0.1300—this price has been tested multiple times recently. If the price can break through this resistance with volume and stabilize, it may be a good opportunity to take a light long position, targeting 0.1350. Conversely, if the rebound lacks strength and the price remains under pressure below 0.1300, or even continues to break below 0.1250, the downtrend could extend further. In that case, it might be wise to consider short positions. Regardless of the direction chosen, setting a stop-loss is the top priority—in such high-volatility conditions, risk control is always the prerequisite for making profits.
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bridgeOops
· 6h ago
It's dropping again... This time it's really harsh, and it feels like a lot of people are cutting their losses.
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StablecoinGuardian
· 6h ago
Another dump and capital outflow, it's really frustrating to watch... Can the 0.1300 barrier be broken? I really don't believe it.
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UncleLiquidation
· 6h ago
It's the same old scam of rug pulls with altcoins. I had my eyes on the 0.13 level early on, but this wave feels a bit fierce.
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GhostInTheChain
· 6h ago
It's another outflow of funds. These copycat moves are really boring.
It's another profit-taking sell-off. I'm familiar with this rhythm.
If 0.1300 can't be broken, it feels like it will continue to fall.
Those bullish, remember to set your stop-loss properly, brothers.
High volatility is scary; better to stay on the sidelines and observe.
This is the toughest test of mental resilience.
Honestly, I'm just waiting for the 0.1250 level right now.
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ChainComedian
· 6h ago
Another wave of dumping, this is really damn outrageous
Why are all the altcoins bleeding these days?
This critical level at 0.13 has been tested repeatedly, feels like it can't break through
Looking at this volume, is it panic selling or what?
I dare not buy in, high volatility is too exhausting
Stop-loss is life, I’ve learned my lesson this time
The bears haven't fully exhausted their strength yet, let's wait a bit longer
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fomo_fighter
· 7h ago
Once again, this kind of dump market, a 10% drop is definitely a capital flight.
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0.1300 is really broken through this critical level, feels like it's going to break down.
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Those who are clearing out and running away are smart, I’m still holding on inside.
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Such outrageous high volatility, have you all set your stop-losses?
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The outflow of copycat funds is so obvious, really need to be careful.
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Looking at this trend, the bears haven't fully gained momentum yet.
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Light positions? I think I’d rather wait and see if it continues to fall.
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Really annoyed by this repeated testing of levels, either break or rebound, what are all these operations for?
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I hate it when profit-taking dumps the market, directly burying retail investors.
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This shorting wave has made a lot of money, the bulls are now being pressed to the ground and rubbed.
Recently, UAI has experienced a short-term decline of over 10%. What exactly has happened behind this market movement? A 15-minute candlestick chart can give us some clues. The average gain and loss of the last ten candlesticks reached -0.58%, and there have been consecutive strong bearish candles with real body proportions exceeding 85%, indicating that the market has faced quite concentrated and decisive selling pressure in a short period. Considering the current high volatility (average range of 1.94%) and the volume-driven decline, there are likely two main reasons: first, short-term profit-taking or panic selling has accumulated; second, the overall market sentiment is pessimistic, with funds flowing out of the altcoin sector.
Regarding current trading opportunities, the market is in the most intense phase of bulls versus bears. The key level to watch is 0.1300—this price has been tested multiple times recently. If the price can break through this resistance with volume and stabilize, it may be a good opportunity to take a light long position, targeting 0.1350. Conversely, if the rebound lacks strength and the price remains under pressure below 0.1300, or even continues to break below 0.1250, the downtrend could extend further. In that case, it might be wise to consider short positions. Regardless of the direction chosen, setting a stop-loss is the top priority—in such high-volatility conditions, risk control is always the prerequisite for making profits.