$UNI is currently reacting from the 3.02912–3.04088 resistance zone, where a 75x isolated short position has been taken based on a bearish rejection setup. The idea behind this trade is continuation of downside momentum after price failed to break higher and started showing early signs of weakness.
📊 Trade Plan:
Entry: 3.02912 – 3.04088
TP1: 2.99970
TP2: 2.98793
TP3: 2.96440
SL: 3.07030
📉 Analysis:
The 4H structure remains tilted bearish, and the broader daily trend is still weak after repeated rejections around the 3.03–3.04 area. On the 15-minute timeframe, RSI near 49 shows neutral momentum, meaning there is still room for price to move in either direction, but no strong bullish pressure is visible yet. Meanwhile, elevated volume compared to expected levels suggests active participation, with sellers currently appearing more dominant.
Overall, this is a resistance rejection short setup where continuation depends on whether price fails to reclaim the entry zone. If bearish momentum persists, the next downside liquidity levels become the focus.
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