$UB looking rough today – straight bearish action with no real relief in sight. Down over 17% to around 0.0339 USDT, and the bears are fully in control.

Volume tells the tale: Big spikes on every drop, classic distribution vibes. Today's volume still elevated at ~600M, but no strong buying to counter it.

Fund flows mixed but leaning sell-side – short-term inflows hint at possible bounces, but 24h and longer-term nets are red. Feels like caution (or outright dumping) dominating.

My bias: Bearish. Considering shorts.

Enter on rejection at ~0.0443 resistance, or breakdown below 0.03015 low with volume.

SL above 0.045.

Targets: 0.0295 support first, then 0.025 if it breaks.

Avoid low-vol periods – stays flat or chops.

What's your view? Short it or sit out? #UB #UBUSDT #UNIBASE

UBUSDT Perp

0.03391

-17.13%