$UNI is trading around 7.359, down 4.55%. The recent decline puts buyers under pressure, and the 7.30 area is worth watching as potential support.
If buyers defend this zone and price recovers above 7.45, a short-term rebound could develop. However, a break below 7.30 would indicate continued weakness and could invalidate the bullish setup. I’m watching how price reacts around support before looking for an entry.
Trade Setup:
Entry Zone: 7.35–7.42
Take Profit 1: 7.55
Take Profit 2: 7.75
Stop Loss: 7.25
Wait for a clear reaction before entering, and keep risk management at the center of the plan.
If buyers defend this zone and price recovers above 7.45, a short-term rebound could develop. However, a break below 7.30 would indicate continued weakness and could invalidate the bullish setup. I’m watching how price reacts around support before looking for an entry.
Trade Setup:
Entry Zone: 7.35–7.42
Take Profit 1: 7.55
Take Profit 2: 7.75
Stop Loss: 7.25
Wait for a clear reaction before entering, and keep risk management at the center of the plan.