$UNI UNI's rebound is a chance to short! If you got caught yesterday, don't rush to cut your losses. If you've been sitting on the sidelines, get your bags ready!
On the daily chart, price has reached a key support level and is now struggling around 7.3. The rebound is very weak.
Technicals: Price is firmly capped by the moving averages, and every bounce looks like a “bull trap.” In this kind of market, every rebound is an opportunity to short, not a signal to buy the dip.
News: Although UNI has long been a DeFi leader, capital has recently been flowing out of blue-chip DeFi and chasing hot trends. With no new narrative and no big-money inflows, UNI is in an awkward spot: it underperforms others on the way up and falls just as hard as anything else.
Xinhuo Strategy:
Aggressive traders: Open a short at the current price, and add to the position around 7.9.

Conservative traders: Wait for price to approach 7.9, then open a short position.
(For precise entry points, 👇come to my lounge below for real-time information and a major edge👇the risk/reward ratio is insanely good.)
Don't get blinded by “leader worship.” In crypto, faith won't put food on the table. Bears have the upper hand in this UNI move. #UNI #美国9月PPI年率升至6.3%