$UNI USD CM is trading around 7.587, up 0.45%. The price action shown is relatively modest, so the 7.50 area is worth watching for potential support.
If buyers continue defending this zone, a move toward 7.65 could open the way for another push toward 7.75. However, rejection near resistance or a loss of 7.50 would weaken the bullish setup and could lead to further consolidation.
Trade Setup:
Entry Zone: 7.55–7.60
Take Profit 1: 7.65
Take Profit 2: 7.75
Stop Loss: 7.48
Patience is important here. I’d prefer to see buyers maintain control before considering an entry.
If buyers continue defending this zone, a move toward 7.65 could open the way for another push toward 7.75. However, rejection near resistance or a loss of 7.50 would weaken the bullish setup and could lead to further consolidation.
Trade Setup:
Entry Zone: 7.55–7.60
Take Profit 1: 7.65
Take Profit 2: 7.75
Stop Loss: 7.48
Patience is important here. I’d prefer to see buyers maintain control before considering an entry.