$UNI: Major Support Breakdown Confirmed on $UNI Higher Timeframes
SHORT SETUP UNI
Entry: $7.4470 - $7.5050
Stop Loss: $7.7800
Take Profit: $6.8680 (2R)
Key Levels: Support $7.4680 | Resistance $7.5050
Technical Analysis for $UNI: UNI is trading below the 1H/4H support zone at 7.468, with the 200EMA still higher at 7.576, indicating longerterm downside. Stochastic K (43) sits beneath its D line (61), and ADX at 32 confirms a strong trend. These factors collectively tilt momentum toward the short side. Together, these indicators favor SHORT continuation toward support.
Market Context: BTC is in a modest bullish 1.4% rise and the overall market shows a broadly positive breadth, with over 90% of assets
SHORT $UNI
SHORT SETUP UNI
Entry: $7.4470 - $7.5050
Stop Loss: $7.7800
Take Profit: $6.8680 (2R)
Key Levels: Support $7.4680 | Resistance $7.5050
Technical Analysis for $UNI: UNI is trading below the 1H/4H support zone at 7.468, with the 200EMA still higher at 7.576, indicating longerterm downside. Stochastic K (43) sits beneath its D line (61), and ADX at 32 confirms a strong trend. These factors collectively tilt momentum toward the short side. Together, these indicators favor SHORT continuation toward support.
Market Context: BTC is in a modest bullish 1.4% rise and the overall market shows a broadly positive breadth, with over 90% of assets
SHORT $UNI