rejection and rollover from highs
$UB pushed into the upper range but failed to hold acceptance above recent highs. Price is rolling back below the EMA cluster, signaling weakening momentum as sellers step in at elevated levels.
Short UB
Entry: 0.0378 – 0.0386
SL: 0.0405
TP1: 0.0366
TP2: 0.0352
TP3: 0.0338
The move into the 0.039–0.040 area was met with clear rejection, followed by strong downside candles and loss of EMA support. Upside follow-through stalled quickly, while downside reactions opened cleaner with expanding sell-side pressure. Volume spiked on the rejection, suggesting active distribution rather than healthy consolidation. If price continues to trade below the EMA cluster and fails to reclaim 0.0385, flow favors a deeper rotation back toward prior demand and range lows.
Trade here 👇 $UB
