1. Current situation
- Last price: 4.990 USDT (-1.27%).
- 24-hour range: 4.954 (minimum) – 5.113 (maximum).
- Trading volume: 12.56 million UNI / 63.19 million USDT, indicating moderate activity.
2. Key levels
- Support: 4.954 (minimum in 24 hours). If the price falls below, the next support may be around 4.85.
- Resistance: 5.113 (maximum in 24 hours). A breakout above may open the way to 5.25–5.30.
3. Trading plan
- Buying scenario (Long):
- Condition: Bounce from the support level 4.95–4.97 with confirmation (e.g., increase in volume or formation of a bullish candlestick pattern).
- Target: 5.10–5.11 (test of resistance), then 5.25.
- Stop-loss: Below 4.90 (to minimize risks).
- Selling scenario (Short):
- Condition: Bounce from resistance 5.10–5.11 with signs of weakness (e.g., bearish candle with high volume).
- Target: 4.95–4.97, then 4.85.
- Stop-loss: Above 5.15.
- Neutral scenario: Consolidation in the range of 4.95–5.10. In this case, trading within the range can be considered.
4. Risks and capital management
- Risk per trade: No more than 1–2% of the deposit.
- Risk/Reward ratio: Recommended at least 1:2 (e.g., stop-loss 0.10 USDT, target 0.20 USDT).
5. Additional factors
- Market context: Consider the overall trend of BTC and altcoins. If BTC shows weakness, UNI may continue to decline.
- Volatility: Avoid trades before important news or events related to UNI.
6. Alternative strategies
- Order grid: If sideways movement is expected, limit orders can be placed to buy closer to 4.95 and sell closer to 5.10.
- Scaling: For active traders — taking profits at intermediate levels (e.g., 5.05, 5.10).
Conclusion
Today's plan is focused on trading in the range of 4.95–5.11 with an emphasis on bounces from key levels. It is important to monitor volume and confirming signals (candlestick patterns, indicators). Flexibility and adherence to risk management are key factors for success.
#UNI #MarketPullback #SaylorBTCPurchase #BinanceHODLerSTO #CryptoAdoption
