🔄 Signal – UNI/USDT: Wait for Breakdown or Reversal Confirmation
📊 Technical Overview

Current Price: $6.742

Trend: Recent parabolic move followed by lower highs and sideways consolidation

Volume: Declining – suggesting weak momentum on bounce attempts

🧠 Market Insight

Price has formed a lower high structure after failing to break above $7.40.

There’s a support zone around $6.60–6.50 acting as a decision point.

If it breaks down, this could form a short continuation setup.

🔻 Short Trade Setup

Entry (trigger): Below $6.60 with confirmation on 4H close

Stop-Loss: Above $6.95 (just above recent lower high)

Targets:

TP1: $6.20

TP2: $5.85

TP3: $5.40

📈 Alternative Long (If Reversed)

If price reclaims $6.95–7.00 on strong volume:

Long setup activates

Targeting $7.40–$7.60

Stop below $6.60

✅ Signal Summary

Type: Conditional – short bias, but awaiting breakdown confirmation

Bias: Bearish

Confidence: ⭐⭐⭐⭐☆ if breakdown confirms

Invalidation: Strong 4H candle above $6.95