UB / TetherUS PERPETUAL CONTRACT
Short
Updated

UB Analysis (4H)

435
It seems this asset is forming either a triangle or a diametric pattern, and wave C appears to be completed.

If a pullback occurs to the red zone, it could provide an opportunity to open a sell/short position.

The targets are marked on the chart.

Let’s wait and see how it plays out.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
After the pullback and a touch of the red zone, it dropped more than 25% and TP1 was hit
snapshot

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