$UNI is trading near 8.879, down 12.58%, the deepest decline shown in the second image. I’m watching this carefully because such strong momentum can extend, but chasing the move is risky. A controlled entry near the current area offers a clearer invalidation point.
Trade Setup — Short
Entry Zone: 8.835–8.923
Stop Loss: 9.145
Target 1: 8.613
Target 2: 8.346
Target 3: 8.080
The setup works if sellers continue defending the entry zone. A reclaim above the stop would invalidate the bearish idea.