$UNI This 7-day, 31% move has already ended above the 6.387 peak. The price has dropped below the MA20 and MA50, and on the 1-hour chart the direction is DOWN. The longer it holds on, the harder it falls. A bounce up to 5.92 is my short entry point. First target: 5.674. Second target: 4.974. Stop loss: 6.40! In the spot market’s order book (20 levels), sell orders are suppressing the bids; the share of active buys has fallen to only 35.7%. Open positions are up 3.88% against the trend, while in the futures market active sell pressure is 52%. Once 5.67 breaks, 4.974 is the next stop.
