$UNI #UNI
Direction: LONG
Entry zone: 7.10 to 7.18
Stop loss: 7.00
Target 1: 7.30
Target 2: 7.42
Uniswap is trading near 7.18 dollars, up 3.20 percent in 24 hours, inside a range of 6.92 to 7.19. My reading is that buyers are quietly holding the top of the range instead of selling into it. Price spent the session near 7.10 to 7.18 after holding above 6.92, which tells me sellers are tired at these levels. A long from the current zone, with a stop below 7.00, gives a clean setup toward 7.30 first and then 7.42 if the range top breaks. A fall back under 7.00 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Uniswap break 7.19 resistance, or fall back to 7.00 first?
Follow for more trades.
#Uniswap #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 7.10 to 7.18
Stop loss: 7.00
Target 1: 7.30
Target 2: 7.42
Uniswap is trading near 7.18 dollars, up 3.20 percent in 24 hours, inside a range of 6.92 to 7.19. My reading is that buyers are quietly holding the top of the range instead of selling into it. Price spent the session near 7.10 to 7.18 after holding above 6.92, which tells me sellers are tired at these levels. A long from the current zone, with a stop below 7.00, gives a clean setup toward 7.30 first and then 7.42 if the range top breaks. A fall back under 7.00 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Uniswap break 7.19 resistance, or fall back to 7.00 first?
Follow for more trades.
#Uniswap #Crypto #FuturesTrading #TradingSignals
