Uber's quarterly revenue beat expectations, but its rides and delivery segments were somewhat soft. The market shrugged off the noise, though—the perpetual contract climbed steadily after the open. Binance UBERUSDT perpetual is now around 71.0, up about 6.5% over 24 hours, with an intraday low near 63.3 and a high around 71.0. The 15-minute trend is upward.
My view is neutral-to-bullish on a pullback, with moderate confidence. Now that earnings are out, it makes more sense to buy a pullback than to chase near the recent high. With a light position, you could wait for the price to stabilize around 69.8–69.0 before trying a long, with a stop below 68.5. The first target is 72.5, then 74 if it breaks through. If it holds above 69.8 on a pullback and then surges toward 71 on increased volume, you could add a small position. If it falls below 68.5, stay out for now rather than forcing a trade. Keep your position size light to moderate.
My view is neutral-to-bullish on a pullback, with moderate confidence. Now that earnings are out, it makes more sense to buy a pullback than to chase near the recent high. With a light position, you could wait for the price to stabilize around 69.8–69.0 before trying a long, with a stop below 68.5. The first target is 72.5, then 74 if it breaks through. If it holds above 69.8 on a pullback and then surges toward 71 on increased volume, you could add a small position. If it falls below 68.5, stay out for now rather than forcing a trade. Keep your position size light to moderate.
