This is the kind of chart that can catch attention when the market starts rotating.
While several names on the leaderboard are showing heavy daily losses, UB is displayed with a positive 24 hour move around 0.150689.
Relative strength is something I want to monitor carefully.
The first area I am watching is around 0.1477 to 0.1507. If buyers continue defending that zone and momentum expands, the next upside areas become approximately 0.1658 and 0.1808.
The setup becomes weaker if price loses approximately 0.1401.
EP: 0.1477 to 0.1507
TP1: 0.1658
TP2: 0.1808
SL: 0.1401
The market often gives clues through divergence.
When most of the board is weak but selected names continue holding green, it can indicate that capital is rotating rather than leaving every part of the market equally.
That does not guarantee a breakout.
It simply puts UB on the watchlist.
Now I want to see whether volume confirms the strength.
I’m ready for the move —
#Stablecoin fraud concerns rise
