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$UB experienced a short liquidation event as bearish positions were forced to close, triggering automatic buy orders and adding upward momentum to the market
The $1.614K short liquidation at $0.09696 signals a localized short squeeze, with sellers being forced out of their positions as price moved against bearish expectations
EP
0.0950 - 0.0980
TP
TP1 0.1020
TP2 0.1080
TP3 0.1150
SL
0.0910
Liquidity was swept above nearby resistance levels, removing excess short exposure and creating a more favorable environment for bullish continuation
The liquidation event suggests buyers are gaining short-term control, with bearish traders forced to cover positions as momentum accelerates higher
Current price action places the 0.0950 - 0.0970 region as an important support zone that bulls will need to defend to maintain upward pressure
As long as higher lows continue forming above support, the probability of continuation toward higher liquidity targets remains favorable
A successful reclaim of 0.1020 could attract fresh momentum buyers and open the path toward the next resistance levels near 0.1080 and 0.1150
The short squeeze has cleared weaker bearish positions from the market, while the resulting buy pressure may continue supporting upside momentum if volume remains healthy
Traders will be closely monitoring whether $UB can build on this liquidation-driven strength and extend its bullish structure toward higher resistance zones
Let's go $UB