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Unibase jumps 11% amid short squeeze, eyes key $0.20 resistance level

Technical Signals
04 Aug 2026
AMBCrypto
View Source
Bullish
Unibase jumps 11% amid short squeeze, eyes key $0.20 resistance level

Unibase surged 11.08% to $0.1904 despite a 39% drop in trading volume, signaling fewer participants but strong demand. The rally was fueled by a short squeeze, with $353K in short liquidations outpacing long liquidations, pushing prices higher. Open Interest rose 30%, showing increased leverage and trader conviction. The key resistance at $0.20 is crucial; a close above it could lead to a move toward $0.25, while failure may prompt consolidation.

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