1. Current UXLINK Price Situation
2. UXLINK Technical Analysis Metrics
3. Investor Sentiment

The UXLINK price dropped 7% to $0.1914 in the last 24 hours, even as trading volume surged by 91% to $34 million.

Current UXLINK Price Situation

Currently, the UXLINK price has fallen below its 50-day Simple Moving Average (SMA) while still trading above the 200-day SMA, indicating some remaining bullish pressure. It is reported that bears capitalized on a rounding top pattern, leading to a shift toward a bearish trend.

UXLINK Technical Analysis Metrics

The Relative Strength Index (RSI) has dropped to 38 and is continuing to decline, signaling increased selling pressure. The Moving Average Convergence Divergence (MACD) is moving toward the neutral line, reflecting positive momentum. However, the orange signal line remains above the blue MACD line, indicating a potential bearish continuation.

Investor Sentiment

If the selling continues and the bears maintain pressure, the UXLINK price might further plunge to the next support level of $0.1800 in the coming hours.

The UXLINK market remains tense. Investors are closely monitoring the price dynamics and technical indicators to determine their next steps.