$UAI Short Liquidation Update
Short positions worth $4.5231K were liquidated at $0.17382, confirming rising buy-side pressure and forcing sellers to exit.
Market Structure
Price is holding above the liquidation sweep, showing acceptance at higher levels. This shift in structure supports a bullish breakout continuation if momentum sustains.
Key Levels
Support: $0.1720 – $0.1685
Resistance: $0.1795 → $0.1865
Bullish Trade Setup
Entry: Break and hold above $0.1795, or a controlled pullback holding above $0.1720
Targets:
TP1: $0.1865
TP2: $0.1980
Stop Loss: Below $0.1668
Market Sentiment
The short squeeze flipped short-term control to buyers. With sellers cleared and structure intact, pullbacks are likely to be absorbed rather than sold.
Bullish bias remains active while price holds support and volume confirms upside continuation.
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