Smart money is pushing the price higher after taking liquidity from the lower levels on $UB

UBBSC
UBUSDT
0.11865
-3.85%

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I am looking at the 1-hour chart for $UB.

The price went up strongly today and broke through the recent resistance.

I noticed that the market structure is clearly bullish with a series of higher highs and higher lows.

I am watching for a small drop back to the support area before the next move up.

My trade plan is set up to buy the dip because the buying volume is very healthy.

Trade Plan

Entry: 0.1420

Stop Loss: 0.1320

Take Profit 1: 0.1480

Take Profit 2: 0.1620