UNI dumped -8.5% today — but the daily chart says this is a gift 🎁
Let me explain why I'm looking at a SHORT here.
📊 What Happened:
UNI is at $5.691 after a sharp selloff. Volume is normal (0.92x avg), so this isn't panic selling — it's controlled distribution. The 4H RSI sits at 56.3, which looks neutral, but the daily RSI at 73.7 tells the real story: this asset ran hard and is now giving back gains.
🧠 Why Short Here?
The daily trend is technically still "strong uptrend," but when a coin drops -8.5% on normal volume without a market-wide crash, it signals that buyers are exhausted. Price is testing the 4H SMA25 ($5.519) as support — if this breaks, the next stop is the daily SMA7 ($5.268).
📋 Trade Plan (SHORT):
• Entry: $5.548 – $5.834 (current range with room for a dead cat bounce)
• Stop Loss: $6.263 (above the recent swing high — protects against reversal)
• TP1: $5.381 | TP2: $5.215 | TP3: $4.993
• Risk/Reward: 0.5R on TP1, improves to 1.5R+ at TP3
⚡ Watch This: Long/Short ratio at 1.49 means retail is still mostly long. When the crowd is long and price is dropping, the pain trade is lower.
Do you think UNI finds support at $5.50 or are we heading to $5? 👇
#UNI #Uniswap #DYOR
⚠️ Not financial advice. Always manage your risk and do your own research.
Let me explain why I'm looking at a SHORT here.
📊 What Happened:
UNI is at $5.691 after a sharp selloff. Volume is normal (0.92x avg), so this isn't panic selling — it's controlled distribution. The 4H RSI sits at 56.3, which looks neutral, but the daily RSI at 73.7 tells the real story: this asset ran hard and is now giving back gains.
🧠 Why Short Here?
The daily trend is technically still "strong uptrend," but when a coin drops -8.5% on normal volume without a market-wide crash, it signals that buyers are exhausted. Price is testing the 4H SMA25 ($5.519) as support — if this breaks, the next stop is the daily SMA7 ($5.268).
📋 Trade Plan (SHORT):
• Entry: $5.548 – $5.834 (current range with room for a dead cat bounce)
• Stop Loss: $6.263 (above the recent swing high — protects against reversal)
• TP1: $5.381 | TP2: $5.215 | TP3: $4.993
• Risk/Reward: 0.5R on TP1, improves to 1.5R+ at TP3
⚡ Watch This: Long/Short ratio at 1.49 means retail is still mostly long. When the crowd is long and price is dropping, the pain trade is lower.
Do you think UNI finds support at $5.50 or are we heading to $5? 👇
#UNI #Uniswap #DYOR
⚠️ Not financial advice. Always manage your risk and do your own research.