đ„ UNI just ripped +17.5% and volume is screaming â $42M in 24h. This isn't a quiet grind higher, this is a statement move.
đ The Setup:
UNI is trading at $5.15 with 4H RSI at 77.1 (overbought but not exhausted). Price is well above all key moving averages â SMA7 ($4.84), SMA25 ($4.57), SMA99 ($3.43). The daily RSI at 71.5 confirms momentum is real. Volume is 1.61x above average â buyers are showing up, not just drifting.
đĄ Why This Trade?
When a DeFi blue chip like UNI moves with volume conviction, the trend tends to extend. Overbought does not mean top. The long/short ratio at 1.74 shows the crowd is leaning long â but the volume supports it. This is a trend continuation play, not a reversal gamble.
đ Trade Plan (LONG):
âą Entry: $5.08 â $5.22 (buy the dip to the SMA7 zone)
âą Stop Loss: $4.86 (below SMA7, invalidates the short-term trend)
âą TP1: $5.36 (+3%)
âą TP2: $5.56 (+8%)
âą TP3: $5.77 (+12%)
⥠R:R is 0.7:1 to TP1 â tight, but this is a momentum scalp. Scale out at TP1, trail the rest.
đ€ Think UNI keeps running or is this the top? Drop your target below đ
#UNI #DeFi #DYOR
â ïž This is not financial advice. Do your own research. Crypto is volatile â never risk more than you can afford to lose.
đ The Setup:
UNI is trading at $5.15 with 4H RSI at 77.1 (overbought but not exhausted). Price is well above all key moving averages â SMA7 ($4.84), SMA25 ($4.57), SMA99 ($3.43). The daily RSI at 71.5 confirms momentum is real. Volume is 1.61x above average â buyers are showing up, not just drifting.
đĄ Why This Trade?
When a DeFi blue chip like UNI moves with volume conviction, the trend tends to extend. Overbought does not mean top. The long/short ratio at 1.74 shows the crowd is leaning long â but the volume supports it. This is a trend continuation play, not a reversal gamble.
đ Trade Plan (LONG):
âą Entry: $5.08 â $5.22 (buy the dip to the SMA7 zone)
âą Stop Loss: $4.86 (below SMA7, invalidates the short-term trend)
âą TP1: $5.36 (+3%)
âą TP2: $5.56 (+8%)
âą TP3: $5.77 (+12%)
⥠R:R is 0.7:1 to TP1 â tight, but this is a momentum scalp. Scale out at TP1, trail the rest.
đ€ Think UNI keeps running or is this the top? Drop your target below đ
#UNI #DeFi #DYOR
â ïž This is not financial advice. Do your own research. Crypto is volatile â never risk more than you can afford to lose.