[SHORT] $UB SETUP
๐ฏ Trading Plan:
Entry: 0.074 โ 0.077
TP: 0.065 - 0.045 - 0.02
SL: 0.1044
๐ Technical Analysis:
The candlestick chart for $UB clearly shows weakness after failing to break through the resistance zone at 0.1044. A series of consecutive bearish candles and a significant increase in sell volume are classic signs of strong selling pressure.
The rejection from higher levels combined with a bearish price pattern indicates that the downward momentum is still intact. The first target towards the support area at 0.065 is the initial testing point of this scenario.
Trade $UB now by clicking on the chart below ๐
๐ฏ Trading Plan:
Entry: 0.074 โ 0.077
TP: 0.065 - 0.045 - 0.02
SL: 0.1044
๐ Technical Analysis:
The candlestick chart for $UB clearly shows weakness after failing to break through the resistance zone at 0.1044. A series of consecutive bearish candles and a significant increase in sell volume are classic signs of strong selling pressure.
The rejection from higher levels combined with a bearish price pattern indicates that the downward momentum is still intact. The first target towards the support area at 0.065 is the initial testing point of this scenario.
Trade $UB now by clicking on the chart below ๐
