This chart just gave back a third of its value in a single session
$UB
is down ,trading at 0.11860 after a session high near 0.21258 collapsed all the way to a low of 0.06576 on this timeframe before the current bounce. That range alone tells you how violent this move has been. The EMA stack has flipped bearish, price is trading below EMA7 at 0.13464, below EMA25 at 0.15374, and even below EMA99 at 0.13906, a full bearish stack with no support structure left intact above current price. RSI(6) is at 34.097, pushing toward oversold but not there yet, which tells me there is likely still room for this to grind lower before a genuine mean-reversion bounce becomes statistically likely. MACD confirms the bearish read cleanly, DIF at negative 0.00920 sits below DEA at negative 0.00172, producing a MACD reading of negative 0.00748, red and still expanding on the histogram, meaning downside momentum has not exhausted itself yet. Volume tells an important part of this story too, the volume moving average spiked hard on this breakdown, well above the recent baseline, which is exactly what you want to see confirming a real distribution event rather than a low-liquidity flush that could snap back just as fast. I am bearish here, this looks like genuine capitulation selling rather than a shakeout, and I would want to see RSI actually tag oversold territory with a bullish divergence before treating any bounce as more than a relief rally to sell into.$BLESS $AKE
Short
Entry: 0.1280 - 0.1350
SL: 0.1480
TP1: 0.1080
TP2: 0.0950
TP3: 0.0820
$UB
is down ,trading at 0.11860 after a session high near 0.21258 collapsed all the way to a low of 0.06576 on this timeframe before the current bounce. That range alone tells you how violent this move has been. The EMA stack has flipped bearish, price is trading below EMA7 at 0.13464, below EMA25 at 0.15374, and even below EMA99 at 0.13906, a full bearish stack with no support structure left intact above current price. RSI(6) is at 34.097, pushing toward oversold but not there yet, which tells me there is likely still room for this to grind lower before a genuine mean-reversion bounce becomes statistically likely. MACD confirms the bearish read cleanly, DIF at negative 0.00920 sits below DEA at negative 0.00172, producing a MACD reading of negative 0.00748, red and still expanding on the histogram, meaning downside momentum has not exhausted itself yet. Volume tells an important part of this story too, the volume moving average spiked hard on this breakdown, well above the recent baseline, which is exactly what you want to see confirming a real distribution event rather than a low-liquidity flush that could snap back just as fast. I am bearish here, this looks like genuine capitulation selling rather than a shakeout, and I would want to see RSI actually tag oversold territory with a bullish divergence before treating any bounce as more than a relief rally to sell into.$BLESS $AKE
Short
Entry: 0.1280 - 0.1350
SL: 0.1480
TP1: 0.1080
TP2: 0.0950
TP3: 0.0820