🚀 $UNI
SHORT SETUP 🚀
UNI bounced off the sharp drop to $6.983 and has now pushed up toward its falling 99 MA, where the last candles are turning red. I’m watching for a short on a push into the resistance zone above, not chasing the current candle. 📉
Entry: $7.660 – $7.740
TP1: $7.520
TP2: $7.400
TP3: $7.250
SL: $7.830
🔻 Why UNI is on watch:
Price ($7.533) is sitting just under the 7 MA ($7.584) and above the 25 MA ($7.435), but is still below the 99 MA ($7.681), which is sloping down and has capped every bounce since the drop from $9.370 The structure shows lower highs since the $9.370 peak, so the recovery looks corrective inside a downtrend The last push toward the 99 MA stalled and rolled over into red candles, and volume on the bounce is thin, a sign of weak buying that often fades The 25 MA ($7.435) is the first support, with the $7.250 area below it. A 1H close under $7.400 would confirm sellers are taking over.
Not financial advice. DYOR.
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SHORT SETUP 🚀
UNI bounced off the sharp drop to $6.983 and has now pushed up toward its falling 99 MA, where the last candles are turning red. I’m watching for a short on a push into the resistance zone above, not chasing the current candle. 📉
Entry: $7.660 – $7.740
TP1: $7.520
TP2: $7.400
TP3: $7.250
SL: $7.830
🔻 Why UNI is on watch:
Price ($7.533) is sitting just under the 7 MA ($7.584) and above the 25 MA ($7.435), but is still below the 99 MA ($7.681), which is sloping down and has capped every bounce since the drop from $9.370 The structure shows lower highs since the $9.370 peak, so the recovery looks corrective inside a downtrend The last push toward the 99 MA stalled and rolled over into red candles, and volume on the bounce is thin, a sign of weak buying that often fades The 25 MA ($7.435) is the first support, with the $7.250 area below it. A 1H close under $7.400 would confirm sellers are taking over.
Not financial advice. DYOR.
🔔 Follow CoinDispatch for more daily trade setups and market updates!