$UNI: Spot Inflows Surge for $UNI as Futures Open Interest Rises
LONG SETUP UNI
Entry: $7.0900 - $7.1500
Stop Loss: $6.8700
Take Profit: $7.6200 (2R)
Key Levels: Support $7.0920 | Resistance $7.3380
Technical Analysis for $UNI: RSI at 35, stochastic K near 7 and Bollinger lower band at 7.17 show the pair is oversold, while the order book shows a 25% bid imbalance favoring buyers. These signals point to upward pressure toward the 1hour resistance around 7.34. Together, these indicators favor LONG continuation toward resistance. Positive momentum and trend readings give this setup a clear bullish
Market Context: BTC is in a bearish 4hour trend and the overall market is broadly negative, with only about 10% of assets green.
LONG $UNI
LONG SETUP UNI
Entry: $7.0900 - $7.1500
Stop Loss: $6.8700
Take Profit: $7.6200 (2R)
Key Levels: Support $7.0920 | Resistance $7.3380
Technical Analysis for $UNI: RSI at 35, stochastic K near 7 and Bollinger lower band at 7.17 show the pair is oversold, while the order book shows a 25% bid imbalance favoring buyers. These signals point to upward pressure toward the 1hour resistance around 7.34. Together, these indicators favor LONG continuation toward resistance. Positive momentum and trend readings give this setup a clear bullish
Market Context: BTC is in a bearish 4hour trend and the overall market is broadly negative, with only about 10% of assets green.
LONG $UNI