I’m looking at $UNI /USDT on the 15m chart, and price is holding around 8.998 after a sharp recovery from the visible 8.730 low. For me, the interesting part is that price is still above the MA(25) at 8.957 and MA(99) at 8.912.
Right now, I’m watching the 8.968–9.000 area for support. I’d like to see price hold around 8.998 and push back through the recent 9.054 resistance. A clean move above that level would make the setup more attractive toward the recent 9.120 high.
📍 Entry: 8.998
🎯 TP1: 9.054
🎯 TP2: 9.120
🛑 Invalidation: 8.957
If price loses 8.957, I’d step away from this setup because that would put price back below the visible MA(25) support and weaken the current structure.
Volume also shows the earlier spike has cooled, so I wouldn’t chase a move without confirmation. The setup looks constructive, but I’m waiting for price to prove it can reclaim the nearby resistance rather than assuming the breakout will happen.
Right now, I’m watching the 8.968–9.000 area for support. I’d like to see price hold around 8.998 and push back through the recent 9.054 resistance. A clean move above that level would make the setup more attractive toward the recent 9.120 high.
📍 Entry: 8.998
🎯 TP1: 9.054
🎯 TP2: 9.120
🛑 Invalidation: 8.957
If price loses 8.957, I’d step away from this setup because that would put price back below the visible MA(25) support and weaken the current structure.
Volume also shows the earlier spike has cooled, so I wouldn’t chase a move without confirmation. The setup looks constructive, but I’m waiting for price to prove it can reclaim the nearby resistance rather than assuming the breakout will happen.
