$UNI 4H Outlook.
Bearish momentum is building in UNI. If you want, you can consider opening a short position around the current price of $5.99. Personally, I'll wait for a retracement before entering.
My Trading Strategy:
- Entry: $6.259 – $6.385
- Target 1: $5.695 — Close 40%
- Final Target: $5.020
- Stop Loss: $6.785
This is my current setup. However, if you decide to short from the current price instead, make sure to keep your Stop Loss above $6.60 at a minimum.
Bearish momentum is building in UNI. If you want, you can consider opening a short position around the current price of $5.99. Personally, I'll wait for a retracement before entering.
My Trading Strategy:
- Entry: $6.259 – $6.385
- Target 1: $5.695 — Close 40%
- Final Target: $5.020
- Stop Loss: $6.785
This is my current setup. However, if you decide to short from the current price instead, make sure to keep your Stop Loss above $6.60 at a minimum.
