$UNI is up 58.59% in 30 days and it's sitting on a floor instead of giving the move back.
yesterday's high at $9.257 broke and now it's acting as support. that's the only level i care about here. the 7d is -3.63%, so it's lagging BTC by 6.7 points this week, but it's still 46.6 points ahead over 30d. that reads like a pause inside a big month, not a top.
the weak spot is volume. the last 5 days run at 0.69x the 20 days before, and the daily MACD histogram is still negative. setup score is 8 out of 14, not a 12, and i'm not going to dress it up.
$UNI trades at $9.3 right now, inside a 24h range of $8.73 to $9.32. if it holds $9.257, i think it runs to the 10-day swing high at $10.942, which is 17.7% away. if it loses $9.257, i'm wrong on this and there's nothing to defend. anyone long gives back the breakout and is holding a failed retest.
holds $9.257 or loses it?
follow me for more calls like this.
yesterday's high at $9.257 broke and now it's acting as support. that's the only level i care about here. the 7d is -3.63%, so it's lagging BTC by 6.7 points this week, but it's still 46.6 points ahead over 30d. that reads like a pause inside a big month, not a top.
the weak spot is volume. the last 5 days run at 0.69x the 20 days before, and the daily MACD histogram is still negative. setup score is 8 out of 14, not a 12, and i'm not going to dress it up.
$UNI trades at $9.3 right now, inside a 24h range of $8.73 to $9.32. if it holds $9.257, i think it runs to the 10-day swing high at $10.942, which is 17.7% away. if it loses $9.257, i'm wrong on this and there's nothing to defend. anyone long gives back the breakout and is holding a failed retest.
holds $9.257 or loses it?
follow me for more calls like this.
