Trade Setup🎯$UB 🔥
Entry Zone: $0.0465 – 0.0485
Targets:
TP1: 0.0520
TP2: 0.0580
TP3: 0.0650
Stop-Loss: 0.0415
Analysis
$UB is currently exhibiting a textbook "Vertical Expansion" phase. After a period of grinding higher, the price has broken out with massive volume, printing a series of strong bullish candles on the 1-hour timeframe. The moving averages (MA(7) and MA(25)) are sloping steeply upward, acting as dynamic support for this impulsive move.
The most promising sign is the Volume Profile; we are seeing increasing buy-side volume as the price climbs, which confirms that this isn't just a "fake out" but a genuine trend discovery. The price has just cleared the psychological resistance at 0.0450, and the current momentum suggests that the "path of least resistance" is firmly to the upside.
Outlook
As long as the price maintains its structure above the 0.0435 level, the bullish trajectory remains extremely healthy. We are currently seeing a slight "cooling off" at the 0.0494 peak, which is a perfect opportunity for the market to breathe before the next leg up.
A sustained hourly close above 0.0500 will likely trigger a massive short-squeeze, catapulting the price toward our secondary targets. However, a breakdown below 0.0415 would signal that the momentum has faded, invalidating the current bullish continuation setup.#UB $UB
