Trading Plan Short $UB

$UB flushed below range support, now retesting the breakdown area for continuation.

Entry: $0.07452-$0.07602

Stoploss: $0.07950

Targets: $0.07250 / $0.06650 / $0.05800

UB broke 0.07500 on the 1H, sweeping liquidity below yesterday's low. This looks like a clear distribution phase after the initial flush. OI spiked 20% into this move, suggesting smart money is loading shorts into the retail buying trying to catch a bottom. Top traders are 1.55 long, likely trapped. Reclaim $0.07800, short voided.

Trade $UB here 👇

UBUSDT

Perp

0.06267

-9.21%