I’m looking at $UNI /USDT around 6.347, with price clearly sitting below the visible MA60 at 6.363. The recent move has been bearish, falling from the local high near 6.403 and now testing the lower area around 6.347.
For me, the key zone is 6.356–6.363. I’d want to see price reclaim this area before considering a long, because entering while price is still below the MA60 looks weak.
📍 Entry: 6.356–6.363
🎯 TP1: 6.368
🎯 TP2: 6.379
🎯 TP3: 6.391
🛑 Invalidation: 6.347
If price loses 6.347, I’d step away from this setup because the chart is already showing downward momentum and there’s no clearly readable lower support level to justify a new target.
The volume panel shows recent selling activity, which adds caution to the setup. I’m not chasing here; I’d rather wait for a reclaim of the 6.356–6.363 area and then see whether buyers can push price back toward the visible resistance levels.
For me, the key zone is 6.356–6.363. I’d want to see price reclaim this area before considering a long, because entering while price is still below the MA60 looks weak.
📍 Entry: 6.356–6.363
🎯 TP1: 6.368
🎯 TP2: 6.379
🎯 TP3: 6.391
🛑 Invalidation: 6.347
If price loses 6.347, I’d step away from this setup because the chart is already showing downward momentum and there’s no clearly readable lower support level to justify a new target.
The volume panel shows recent selling activity, which adds caution to the setup. I’m not chasing here; I’d rather wait for a reclaim of the 6.356–6.363 area and then see whether buyers can push price back toward the visible resistance levels.
