UNI is stalling against a significant whale sell wall. This setup targets a localized rejection within the current range.
$UNI
Bias: Short-term bearish rejection.
Trade Plan
Entry: 3.244
SL: 3.258598
TP: 3.224536
Market Evidence:
• Whale resistance wall active at current levels.
• Market regime is currently range-bound.
• Negative funding rate suggests potential squeeze risk if price pushes higher.
Risk:
• Negative funding indicates a high risk of a short squeeze if the wall is breached.
Watch:
Monitor for failure to break the sell wall; invalidation occurs above 3.259.
I'll update this setup if market conditions evolve.
#UNI #CryptoTrading #Orderflow
$UNI
Bias: Short-term bearish rejection.
Trade Plan
Entry: 3.244
SL: 3.258598
TP: 3.224536
Market Evidence:
• Whale resistance wall active at current levels.
• Market regime is currently range-bound.
• Negative funding rate suggests potential squeeze risk if price pushes higher.
Risk:
• Negative funding indicates a high risk of a short squeeze if the wall is breached.
Watch:
Monitor for failure to break the sell wall; invalidation occurs above 3.259.
I'll update this setup if market conditions evolve.
#UNI #CryptoTrading #Orderflow