【$UB Signal】Waiting for a pullback, 1H momentum exhaustion

$UB 1H level surge and fall back, buying pressure breaks. The 4H Bollinger upper band at 0.0637 is effectively resisting, 1H MACD shows a bearish crossover expanding, volume shrinks. Market depth imbalance at 64.54%, sell orders stacking. Current price at 0.05898 is below the 1H EMA20, indicating bullish momentum is exhausted.

If the price cannot quickly recover above 0.0601, it will test support levels downward.

🎯Direction: Watchful, waiting for a pullback to add positions.

⚡Entry/Order: Place orders at the lower boundary of the 0.05020 - 0.05958 range.

🛑Stop loss: 0.04179

🚀Target 1: 0.06702

🚀Target 2: 0.07543

🛡️Trade management: - Execute strategy: reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

The 4H level remains above the middle Bollinger band, trend not fully broken. The 1H candles are consecutively bearish, RSI has fallen from high levels to around 50, indicating selling pressure is releasing. The funding rate at 0.0281% is relatively high, increasing short-term correction pressure. Stable open interest shows no large-scale capitulation, and a deep correction near the EMA50 offers a better risk-reward opportunity. Current risk-reward ratio is about 1:1.6, waiting for a better entry point.

Check real-time market 👇 $UB
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