Did everyone forget this thing exists?

​$UAI ‌ looks tired. It had a nice little pump yesterday to $0.244, but since then it's been a slow bleed back down to base.
The most important thing I see is the support around $0.17. We've touched it a few times and bounced. That area is holding up the entire structure right now.
The volume is flatlining which isn't a good sign for a quick reversal. The sell wall is slightly bigger than the buy wall in the order book.
If the buyers don't step up and defend $0.17, the next major stop is probably $0.16. That would be a fresh lower low on this timeframe.
​Waiting patiently. No need to rush into this sideways grind. If it breaks out of this channel, either way, that's when you pay attention.

#UAI #LaunchTokensOnSquareToGrab$1,000