📉 $UB ALERT: Bears Take Control! Potential -30% Drop Coming? 🚨
The market structure for Universal Basic Asset ($UB) has turned decisively bearish on the higher timeframes. After a period of failed recovery, we are seeing a strong rejection at the current resistance levels. All major indicators, including the Exponential Moving Averages (EMA), suggest that the downward momentum is gaining strength.
The RSI is sloping downwards, confirming that the bulls have lost their grip. This looks like a perfect "Short" opportunity as $UB heads toward its primary liquidity zones.
⚡ STRATEGIC SHORT SETUP:
🔴 Direction: SHORT (Sell)
📍 Entry Price: Current Market Price (NOW) Leverage: 5x - 10x
🎯 PROFIT TARGETS:
1️⃣ TP 1: 0.033
2️⃣ TP 2: 0.030
3️⃣ TP 3: 0.026
📝 Technical Insight: UB is facing a "Strong Sell" rating across multiple exchanges. If the price breaks the immediate support, we could see a fast slide to 0.026. However, always use a Stop Loss to protect your capital from sudden market spikes. ⚠️
What’s your take? Is UB going to zero or will it bounce? Let's discuss in the comments! 👇
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