$URA 

Following Friday’s post below highlighting the dark cloud cover at resistance, signaling a potential reversal, today delivered solid confirmation with a gap-down marubozu candle. 

The dark cloud cover indicated that bulls were losing momentum, and today’s strong follow-through to the downside confirms that bears have taken control. 

The marubozu candle reflects decisive selling pressure, with no significant attempts by bulls to push the price higher during the session. 

Price has now dropped back to support, placing $URA in a critical “damage control” phase. 

Bulls will need to defend this level to prevent further downside, while bears may look to capitalize on the weakened momentum for a potential breakdown. 

The next few sessions will be crucial in determining whether support holds or bearish momentum continues.

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