Unibase squeezes 21% out of the bears 🐂 — but $0.11 still has the upper hand

Unibase [UB] rallied more than 21% in 24 hours, climbing above $0.10 and outpacing Bitcoin [BTC] and the wider crypto market as daily trading volume rose 15% alongside the move. Spot and derivatives data showed the advance was largely fueled by activity in perpetual futures, with capital rotating back into AI agent tokens after a brief cooldown and pushing UB into the top ten AI agent tokens by social media activity.

The rally triggered more than $400,000 in liquidations, roughly 85% of which were short positions and 15% longs, in a textbook short squeeze. The largest single liquidation was about $41,000; in aggregate, over $268,000 in shorts were liquidated against about $88,000 in longs, with most of the action concentrated on Binance and OKX.

Derivatives metrics extended the bullish case. Funding Rates turned positive and kept climbing, while the Aggregated Futures Bid/Ask Delta reached 1 million, pointing to more aggressive buyers. Open Interest and Cumulative Volume Delta rose on lower timeframes, though both stayed weaker on the 4-hour chart: Open Interest slipped from $122 million to $89 million, and CVD remained negative at 147 million even with a modest recovery, indicating some profit-taking and explaining the stiff resistance near $0.11.

After establishing support between $0.05 and $0.06, UB continued printing higher highs on the hourly chart within an ascending trendline, though price now looks stretched from that base, raising the odds of a near-term pullback. The MACD stayed bullish with both signal lines pointing upward, while the Stochastic RSI held above 90, signaling overbought rather than oversold conditions. Key resistance sits at $0.11 and $0.15, and failure to reclaim $0.11, then flip $0.15 into support, could leave UB range-bound within its broader bearish structure.