$UNI Short Setup
Retesting a key supply zone after the recent recovery started losing momentum. Price is now approaching an area where sellers could regain control and trigger another move lower.
Trading Plan — Short $UNI
Entry: 3.90 - 4.00
SL: 4.30
TP1: 3.80
TP2: 3.68
TP3: 3.55
The rebound is showing signs of weakness as buyers struggle to push beyond the current resistance structure. If sellers continue absorbing demand in this zone, downside liquidity below the recent lows could become the next target.
Wait for confirmation, manage your position size carefully, and avoid overleveraging. Stay alert for updates as the structure develops.
DYOR (Do Your Own Research).
Retesting a key supply zone after the recent recovery started losing momentum. Price is now approaching an area where sellers could regain control and trigger another move lower.
Trading Plan — Short $UNI
Entry: 3.90 - 4.00
SL: 4.30
TP1: 3.80
TP2: 3.68
TP3: 3.55
The rebound is showing signs of weakness as buyers struggle to push beyond the current resistance structure. If sellers continue absorbing demand in this zone, downside liquidity below the recent lows could become the next target.
Wait for confirmation, manage your position size carefully, and avoid overleveraging. Stay alert for updates as the structure develops.
DYOR (Do Your Own Research).