$UNI Pushes Back to the Green Line Breakout Retest in Progress
Pair: $UNI /USDT
Direction: LONG
Leverage: 5x
Entry Zone: 8.950 – 8.985
Take Profit:
- TP1: 9.100 +7%
- TP2: 9.150 +10%
- TP3: 9.199 +12%
Stop Loss: 8.820
Chart Structure:
- UNI spiked sharply from ~8.72 to a 9.199 high, then whipsawed through a choppy consolidation between roughly 8.80–8.95 before pushing back up to retest the key horizontal level (green line, ~8.97–8.98)
- All three moving averages (MA5, MA10, MA20) have converged and the shorter ones are curling back upward, suggesting the consolidation is resolving with renewed bullish momentum
- Price just reclaimed the horizontal resistance level with the latest green candle this is a retest of the breakout zone, not a fresh breakout chase
- Fundamental tailwind: news of the US Blockchain Association's new Vaults working group with institutional participation (a16z, Uniswap) adds a positive catalyst alongside the technical setup
- Volume on this push is notably elevated relative to the recent chop, supporting the move
- Stop placed below the recent consolidation low, giving room for a normal retest without exposing to a fresh breakdown
$UNI
Pair: $UNI /USDT
Direction: LONG
Leverage: 5x
Entry Zone: 8.950 – 8.985
Take Profit:
- TP1: 9.100 +7%
- TP2: 9.150 +10%
- TP3: 9.199 +12%
Stop Loss: 8.820
Chart Structure:
- UNI spiked sharply from ~8.72 to a 9.199 high, then whipsawed through a choppy consolidation between roughly 8.80–8.95 before pushing back up to retest the key horizontal level (green line, ~8.97–8.98)
- All three moving averages (MA5, MA10, MA20) have converged and the shorter ones are curling back upward, suggesting the consolidation is resolving with renewed bullish momentum
- Price just reclaimed the horizontal resistance level with the latest green candle this is a retest of the breakout zone, not a fresh breakout chase
- Fundamental tailwind: news of the US Blockchain Association's new Vaults working group with institutional participation (a16z, Uniswap) adds a positive catalyst alongside the technical setup
- Volume on this push is notably elevated relative to the recent chop, supporting the move
- Stop placed below the recent consolidation low, giving room for a normal retest without exposing to a fresh breakdown
$UNI
