đ $UVXY Technical Analysis & Setup
Volume spikes and bearish 1h momentum are currently testing lower levels while price stays capped below the key swing high.
⢠Key Support / Demand: 18.23, 17.98, 17.70, and 16.74
⢠Resistance / Supply Targets: 18.70 to 19.01 zone
⢠Trigger / Confirmation: Bearish engulfing, pin bar, or 5-15m market structure shift after probing the 18.70-19.01 entry zone
⢠Risk / Invalidation: A 1h close above 19.01 flips the bias bullish and invalidates the short setup
⢠Market Execution: Monitor volume and order book depth carefully during liquidity sweeps
DYOR â Educational setup, not financial advice. Manage your risk properly.
#BinanceSquare #Crypto #UVXY #Trading
Volume spikes and bearish 1h momentum are currently testing lower levels while price stays capped below the key swing high.
⢠Key Support / Demand: 18.23, 17.98, 17.70, and 16.74
⢠Resistance / Supply Targets: 18.70 to 19.01 zone
⢠Trigger / Confirmation: Bearish engulfing, pin bar, or 5-15m market structure shift after probing the 18.70-19.01 entry zone
⢠Risk / Invalidation: A 1h close above 19.01 flips the bias bullish and invalidates the short setup
⢠Market Execution: Monitor volume and order book depth carefully during liquidity sweeps
DYOR â Educational setup, not financial advice. Manage your risk properly.
#BinanceSquare #Crypto #UVXY #Trading
