$UNI #UNI ๐
Direction: LONG
Entry zone: 7.58 to 7.62
Stop loss: 7.49
Target 1: 7.75
Target 2: 7.87
Uniswap is trading near 7.60 dollars, up 4.96 percent in 24 hours, inside a range of 6.95 to 7.77, and the recent closes show a push that held, 7.62, then 7.61, then 7.55, then 7.60. ๐ My reading is that UNI fits the DeFi led bounce, because it rose with the sector instead of alone, and it held near the middle of its range after the move. A long from the current zone, with a stop below 7.49, targets 7.75 first and then 7.87 if DeFi strength continues. A fall below 7.49 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Uniswap rise to 7.75 first, or fall below 7.49? ๐ค
Follow for more trades.
#UNI #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 7.58 to 7.62
Stop loss: 7.49
Target 1: 7.75
Target 2: 7.87
Uniswap is trading near 7.60 dollars, up 4.96 percent in 24 hours, inside a range of 6.95 to 7.77, and the recent closes show a push that held, 7.62, then 7.61, then 7.55, then 7.60. ๐ My reading is that UNI fits the DeFi led bounce, because it rose with the sector instead of alone, and it held near the middle of its range after the move. A long from the current zone, with a stop below 7.49, targets 7.75 first and then 7.87 if DeFi strength continues. A fall below 7.49 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Uniswap rise to 7.75 first, or fall below 7.49? ๐ค
Follow for more trades.
#UNI #Crypto #FuturesTrading #TradingSignals
