$UB UBUSDT oversold rebound is too strong!
After falling for 4 days on the daily chart and dumping 15%, the 1-hour chart surged with a 3x-volume push, breaking above the high with 4 consecutive bullish candles. The 15-minute chart then followed with 7 straight bullish candles, driving a continuation rally. In the past 24 hours, it’s up more than 9% and returned to the gainers list. If you chase the price, make sure to set a proper stop-loss!
After falling for 4 days on the daily chart and dumping 15%, the 1-hour chart surged with a 3x-volume push, breaking above the high with 4 consecutive bullish candles. The 15-minute chart then followed with 7 straight bullish candles, driving a continuation rally. In the past 24 hours, it’s up more than 9% and returned to the gainers list. If you chase the price, make sure to set a proper stop-loss!