#UNIBASE just had a strong impulsive move and now pushing straight into previous ATH zone. This is a big level and you can already see some reaction around this area.
The main thing here is the reclaim of the Thunder Cloud along with 4H and Daily 200 EMA, that’s a strong shift in structure and shows buyers are in control for now. Momentum is clearly on the upside after that clean breakout.
As long as price holds above the cloud and these EMA levels, dips should get bought and continuation toward higher levels is likely. Ideally a small pullback into the cloud or 1H/4H 200 would be the best spot for continuation entries.
If it loses this whole zone again, then this move starts to look like a fake breakout and we can see a deeper pullback.
For now structure looks strong, just need to see how it behaves around ATH (maybe look for entry around retest of ATH level)