The chart appears to show a potential cup formation for Bubs, which is typically a bullish technical pattern.
After a period of decline and consolidation around November and December, the price has rebounded strongly in early January 2025, forming the classic rounded bottom shape.
If this pattern continues to play out, we could see a breakout above key resistance levels, potentially leading to further gains.
The recent uptick to $0.12 suggests renewed investor interest and accumulation at these levels.
A confirmation with increased volume and a move past the $0.14-$0.16 range could signal a strong uptrend ahead.
BUB Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
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