$UNITREE just got hit hard on the 15m chart, dropping from the 97.90 area into a sharp selloff and printing a deep wick to 93.60.
Price is now around 94.95, sitting right near the lower Bollinger Band at 94.84 after losing the mid-band at 96.57. That breakdown is the key signal here: sellers have taken control of the short-term structure, while the bounce from 93.60 still looks more like a reaction than a confirmed reversal.
I’d favor the SHORT side while 96.57 stays overhead. A clean reclaim of that level would change the setup, but until then, rallies can remain sell-the-bounce opportunities.
The 93.60 low is the level to watch now. If sellers break it, the downside can accelerate. For me, the trade is simple: bearish below 96.57, and no long until buyers prove they can take that level back.$UNITREE
Price is now around 94.95, sitting right near the lower Bollinger Band at 94.84 after losing the mid-band at 96.57. That breakdown is the key signal here: sellers have taken control of the short-term structure, while the bounce from 93.60 still looks more like a reaction than a confirmed reversal.
I’d favor the SHORT side while 96.57 stays overhead. A clean reclaim of that level would change the setup, but until then, rallies can remain sell-the-bounce opportunities.
The 93.60 low is the level to watch now. If sellers break it, the downside can accelerate. For me, the trade is simple: bearish below 96.57, and no long until buyers prove they can take that level back.$UNITREE