🦄 UNI dumping -6.6% and sitting right on the $4.00 psychological level. The question isn't whether it's cheap — it's whether anyone cares.

The setup: UNI has rallied from $3.29 (99-day SMA) to $4.06 — a +23% move — and now giving it back. Daily MACD is still positive (+0.228) with bullish histogram (+0.046). This looks like a pullback within an uptrend, not a reversal.

💡 Why This Level Matters:
→ $4.00 = psychological support + previous resistance turned support
→ Daily RSI at 59.9 = cooling off from overbought, not bearish
→ Price still well above 99-SMA ($3.29) = long-term trend intact
→ DeFi sector selling is broad-based, not UNI-specific
→ 1.19x volume = moderate selling, not panic

📋 Levels That Matter:
• Entry Zone: $4.00 – $4.20 (at support)
• Stop Loss: $3.80 (~5% risk)
• TP1: $4.60 (+10%)
• TP2: $5.00 (+19%)
• Risk/Reward: 1.7:1
• Confidence: 78%

🎯 If $4.00 breaks on volume, next stop is $3.73 (7-SMA daily). But if it holds, this is a textbook pullback buy in an uptrend.

🤔 UNI at $4 with DeFi getting hammered. Is this a buying opportunity or the start of a deeper correction?

A) Limit orders at $4.00 — buying the dip
B) Need to see $4.20 reclaim first
C) DeFi is done — moving on

#Uniswap #UNI #DeFi #CryptoTrading #Altcoin

⚠️ Disclaimer: This is not financial advice. Always do your own research. Crypto markets are highly volatile. Never risk more than you can afford to lose.