UNI pulled back three times now from that 5.96 area and keeps finding buyers lower each time, worth watching this zone.
up from 5.188 earlier, ran hard into a mid-range pause around 5.75, broke that too on the way to 5.963, and now it's been drifting down since, currently sitting near 5.708.
order book's actually leaning red here too, 57% on the ask side, which lines up with the fact price has been fading since the high rather than holding it. not a huge red flag on its own but worth noting given the drift.
$UNI
Entry: 5.660 – 5.740
TP: 5.831 / 5.963
SL: 5.480
that 5.490 area below is the real line for me, it's basically where the last strong impulse candle started. lose that and this whole pullback probably turns into something bigger than a normal pause
up from 5.188 earlier, ran hard into a mid-range pause around 5.75, broke that too on the way to 5.963, and now it's been drifting down since, currently sitting near 5.708.
order book's actually leaning red here too, 57% on the ask side, which lines up with the fact price has been fading since the high rather than holding it. not a huge red flag on its own but worth noting given the drift.
$UNI
Entry: 5.660 – 5.740
TP: 5.831 / 5.963
SL: 5.480
that 5.490 area below is the real line for me, it's basically where the last strong impulse candle started. lose that and this whole pullback probably turns into something bigger than a normal pause
