📉 UNI — SHORT-TERM RETRACEMENT & MA RESISTANCE TEST! 🔻
$UNI (Uniswap) is trading lower at 7.166 (-5.56%, or roughly Rs1,983.98), moving within an active 24-hour range between a high of 7.671 and a low of 7.131. Price action on this 4-hour chart shows a corrective dip following the rejection near higher resistance levels, currently pressing beneath the fast MA(7) (7.436) and MA(25) (7.495) lines while sliding further below the macro structural MA(99) (8.292) band.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 6.700–7.100 (on confirmed stabilization and defense of local swing lows)
🛑 STOP LOSS: 6.450
🎯 TP1: 7.800
🎯 TP2: 8.500
Are you watching for a reversal bounce from these lower support levels on Uniswap, or waiting for a clean reclaim of the short-term moving averages? Let's discuss below! 👇
👉 Trade: $UNI
#uniswap #UNI #cryptotrading #BinanceSquare #bearish
$UNI (Uniswap) is trading lower at 7.166 (-5.56%, or roughly Rs1,983.98), moving within an active 24-hour range between a high of 7.671 and a low of 7.131. Price action on this 4-hour chart shows a corrective dip following the rejection near higher resistance levels, currently pressing beneath the fast MA(7) (7.436) and MA(25) (7.495) lines while sliding further below the macro structural MA(99) (8.292) band.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 6.700–7.100 (on confirmed stabilization and defense of local swing lows)
🛑 STOP LOSS: 6.450
🎯 TP1: 7.800
🎯 TP2: 8.500
Are you watching for a reversal bounce from these lower support levels on Uniswap, or waiting for a clean reclaim of the short-term moving averages? Let's discuss below! 👇
👉 Trade: $UNI
#uniswap #UNI #cryptotrading #BinanceSquare #bearish