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Unibase [UB] gains 11% while volume falls 39% – Should bulls worry?
['Erastus Chami', 'Written By', 'Reviewed By', 'Muriuki Lazaro', 'Kelvin Murithi', 'Olayiwola Dolapo', 'Ishika Kumari', 'Ritika Gupta']
AMBCrypto
A sharp price increase usually attracts heavier participation, making the declining volume an important divergence.
Unibase recovered above $0.15368 before advancing toward the key $0.20 resistance, placing buyers within reach of another important technical barrier.
Rather than moving vertically into resistance, the rally developed through successive higher closes, reflecting improving trend quality.
A decisive daily close above $0.20 could open the path toward $0.25, where the next major resistance waited.
Final SummaryUB’s rally continued as rising Open Interest supported stronger participation from leveraged traders.