$UB is testing a critical zone after losing short-term momentum. Price has slipped below the 7, 25, and 99 EMAs on the 15m chart, showing sellers are still in control. Open Interest has steadily declined, suggesting leveraged positions are being closed rather than new ones entering. Buyers are trying to defend the 0.123–0.128 area, while 0.136–0.138 remains the first resistance. A recovery needs stronger volume; otherwise, fading demand could invite another leg lower. Stay patient and let confirmation lead the trade, not emotion.
