$UNI BREAKOUT CONTINUATION
🔍 Technical Context (Hypothetical)
UNI has been in an uptrend, with higher lows and recent resistance near $8.60–$8.80.
Price is consolidating slightly below resistance, suggesting a potential breakout or retest move.
---
📈 Long Trade Setup
Entry:
Aggressive Entry: $8.24–$8.30 (current range)
Breakout Entry: Above $8.60 (confirmation of breakout)
Targets:
1. TP1: $8.80 (recent swing high)
2. TP2: $9.20 (next resistance zone)
3. TP3: $9.75–$10.00 (psychological + major resistance)
Stop Loss:
Below $7.80 (below recent higher low)
Risk: ~5.5–6%
---
📉 Short Trade Setup (If Breakdown Occurs)
Entry:
Below $7.80 (support break confirmation)
Targets:
1. TP1: $7.40
2. TP2: $6.90–$7.00
3. TP3: $6.50
Stop Loss:
Above $8.10 (if shorting below breakdown)
---
🧠 Risk Management
Risk per trade: 1–2% of portfolio
Avoid chasing if price pumps above breakout without pullback