$UB Price Action Update | Bearish Setup (Watch Lower Liquidity Zone)
Market Insight
$UB has printed a long liquidation at $0.03087, signaling that late buyers were flushed out. This kind of move usually follows rejection from a local resistance and indicates bearish pressure in the short term. Price is currently struggling to reclaim the broken support zone, which has now flipped into resistance. Recent candles show long upper wicks and weak follow-through, suggesting sellers are in control. Volume spiked during the liquidation, confirming aggressive sell-side activity rather than a healthy pullback.
Key Levels
Resistance: $0.0318 ā $0.0325
Support: $0.0295 then $0.0278
Future Trade Setup (Short Bias)
Entry Zone: $0.0315 ā $0.0323
Target 1: $0.0295
Target 2: $0.0286
Target 3: $0.0278
Stop Loss: $0.0332
If price fails to reclaim $0.0325 with strong volume, continuation toward lower liquidity zones becomes more likely. A clean breakdown below $0.0295 can accelerate selling momentum.
Trade smart, manage risk, and let price do the work ā Buy & Trade here. šš„
