UAMY (1M): Multi-Year Channel Breakdown & MACD Death CrossUnited States Antimony CorporationBATS:UAMYAlexTraderTrViewUAMY (United States Antimony Corporation) is showing a textbook multi-year distribution structure on the monthly timeframe. After an aggressive multi-year advance initiated in early 2024, the primary trend has broken down with multi-timeframe momentum confirming significant downside continuation. Key Technical Observations Ascending Channel Breakdown: Price has cleanly severed the multi-year ascending parallel channel that dictated price action since 2024. This breakdown is confirmed by consecutive monthly closes below the ascending floor. Loss of Dynamic 21M Support: Price closed below the 21-month SMA ($5.42) and is struggling to mount any meaningful reclaim. When high-timeframe trendlines and fast moving averages fail in unison, downside acceleration typically follows. Momentum Deterioration: RSI: Distinct multi-month bearish divergence formed at the cycle highs, with the RSI indicator rolling over hard toward the 50 midline. MACD: Confirmed monthly MACD Death Cross, with the histogram expanding further into negative territory. Dynamic Target Cluster ($2.54–$2.80): The primary path of least resistance points toward the confluence of the 50-month SMA ($2.54) and the 200-week SMA (~$2.54–$2.80). Structural Price Levels Immediate Resistance / Invalidation: Reclaiming the 21M SMA ($5.42) on a monthly close is required to neutralize the immediate distribution structure. Dynamic Liquidity Target: $2.54–$2.80 (50M / 200W SMA zone). Intermediate Gap Fill: ~$1.50 (low liquidity zone between cycles). Macro Structural Floor: $0.7742 (first high-volume structural demand shelf dating back to 2021–2024 accumulation). Secondary Defense Line: $0.2235 (deep secular cycle base). Tactical Outlook Lower-cap industrial and resource equities tend to experience prolonged, illiquid bleed-outs once secular channels break down. A tag of the 50M / 200W SMA ($2.54) is the initial target; however, given the momentum expansion, an overshoot toward the $1.50 zone or the $0.77 macro base remains a high-probability outcome before durable absorption appears. Capital preservation favors patience over attempting to catch falling knives.