$UNI: High Conviction Short Opportunity as $UNI Tests Supply Wall
SHORT SETUP UNI
Entry: $6.9850 - $6.9960
Stop Loss: $7.2400
Take Profit: $6.4915 (2R)
Key Levels: Support $6.9510 | Resistance $6.9850
Technical Analysis for $UNI: MACD is negative and below its signal, and price sits under the 9, 21, 50 and 200 EMA series, indicating bearish momentum. ADX is low, confirming a weak trend. The 1hour resistance sits at 6.985, supporting a short bias. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is in a bearish 4hour and daily trend, down 0.15 % over 24 h, and the overall crypto market is broadly
SHORT $UNI
SHORT SETUP UNI
Entry: $6.9850 - $6.9960
Stop Loss: $7.2400
Take Profit: $6.4915 (2R)
Key Levels: Support $6.9510 | Resistance $6.9850
Technical Analysis for $UNI: MACD is negative and below its signal, and price sits under the 9, 21, 50 and 200 EMA series, indicating bearish momentum. ADX is low, confirming a weak trend. The 1hour resistance sits at 6.985, supporting a short bias. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is in a bearish 4hour and daily trend, down 0.15 % over 24 h, and the overall crypto market is broadly
SHORT $UNI
