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Hxlaw
Hxlaw
$UB UBUSDT frame 1D is showing quite a positive recovery signal after a strong correction from the 0.18$ area. Currently, the price is trading around 0.1303 and bouncing up more than 13% in 24 hours, accompanied by a significant improvement in trading volume. This shows that the cash flow is returning after a short-term accumulation period. It is worth noting that the price has held the support area of 0.10 - 0.11$, creating a higher bottom and starting to surpass MA5. If the candle is kept closing above $0.13, UB is likely to continue towards the resistance areas: • 0.138$ – close resistance zone • 0.145$ – short-term strong resistance • Further can retest the 0.16$ area if the market is favorable Reference strategy: ● Can buy around 0.125 - 0.13$ ● Stoploss below 0.118$ ● Partial profit at 0.138$ and 0.145$ In terms of structure, UB is still in a medium-term uptrend because it has not broken the bottom before. If Bitcoin remains stable, UBUSDT can continue to be one of the coins with a strong recovery in the short term.

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