$UNI is showing a sharp recovery from the 6.985 area, but the latest candles on this price chart suggest momentum is easing near the recent highs. I'm watching whether buyers can hold above the moving average or whether this rebound starts to fade.
UNI/USDT is trading at 7.026, just above the MA60 at 7.016. Price recently pushed toward 7.034–7.037 before pulling back, making that the key resistance area for me. The moving average is the nearby level to watch if price weakens.
📍 Entry: 7.034–7.037 after a confirmed rejection 🎯 TP1: 7.026 🎯 TP2: 7.016 🎯 TP3: 7.006 🛑 Invalidation: Above 7.037
I'd only consider a short if UNI retests resistance and clearly fails to break through. Price is still above the MA60, so the recovery hasn't been invalidated, and entering too early could mean getting caught in another upward push.
If UNI breaks and holds above 7.037, I'd step away from this short idea because the rejection setup would no longer be convincing.
My plan: let price confirm the rejection first. These are tight, short-term reference levels from the screenshot, not guaranteed targets. If the setup doesn't develop clearly, I'll stay out rather than force a trade.
UNI/USDT is trading at 7.026, just above the MA60 at 7.016. Price recently pushed toward 7.034–7.037 before pulling back, making that the key resistance area for me. The moving average is the nearby level to watch if price weakens.
📍 Entry: 7.034–7.037 after a confirmed rejection 🎯 TP1: 7.026 🎯 TP2: 7.016 🎯 TP3: 7.006 🛑 Invalidation: Above 7.037
I'd only consider a short if UNI retests resistance and clearly fails to break through. Price is still above the MA60, so the recovery hasn't been invalidated, and entering too early could mean getting caught in another upward push.
If UNI breaks and holds above 7.037, I'd step away from this short idea because the rejection setup would no longer be convincing.
My plan: let price confirm the rejection first. These are tight, short-term reference levels from the screenshot, not guaranteed targets. If the setup doesn't develop clearly, I'll stay out rather than force a trade.