$UNI 24-hour low, current price 6.922, previous low 6.962.
After a new low, there are three common scenarios:
① It rebounds to the previous low, then falls again: the downtrend continues.
② It moves sideways near the previous low: consolidation; wait for direction.
③ It quickly recovers above the previous low and holds: a false breakdown.
It is currently below the previous low. Watch to see whether scenario ① or ② plays out.
#UNI
After a new low, there are three common scenarios:
① It rebounds to the previous low, then falls again: the downtrend continues.
② It moves sideways near the previous low: consolidation; wait for direction.
③ It quickly recovers above the previous low and holds: a false breakdown.
It is currently below the previous low. Watch to see whether scenario ① or ② plays out.
#UNI