$UNI hours -3.61%, current price 7.296. If you're itching to buy the dip, ask yourself three questions first:
① Is 7.287, the 24-hour low, holding as support? Are there signs the decline has stopped?
② This was a sudden plunge. What will you do if it falls further?
③ Have you set a stop-loss? What will you do if your entry turns out to be wrong?
If you haven't thought it through, it's better to wait a bit longer.
Treat any bounce during a pullback as just a bounce for now—don't immediately assume the bottom is in.
#UNI
① Is 7.287, the 24-hour low, holding as support? Are there signs the decline has stopped?
② This was a sudden plunge. What will you do if it falls further?
③ Have you set a stop-loss? What will you do if your entry turns out to be wrong?
If you haven't thought it through, it's better to wait a bit longer.
Treat any bounce during a pullback as just a bounce for now—don't immediately assume the bottom is in.
#UNI