$UNI /DSDT short trade signal ๐ฆ ๐ด
15-minute chart youโve shared, hereโs an analysis to determine whether a short signal (sell opportunity) is forming:
๐ Chart Summary
Current Price: $8.305
24h High / Low:
High: $8.677
Low: $7.005
Price Change: +16.48% (strong recent upward momentum)
Recent High on Chart: $8.677 (now rejected)
Trend: Pullback in progress after a strong rally
๐ Bearish Indicators (Short Signal Setup)
1. Sharp Reversal from the High:
After reaching $8.677, price dropped quickly and is now forming lower highs and lower lows on short timeframes.
2. Bearish Candlestick Formation:
Several red candles in a row indicate strong selling pressure.
Slight bounce showing weak bullish reaction โ often typical before another drop.
3. Lower High Confirmed:
Price failed to reclaim $8.335-$8.340 after the pullback โ an early bearish sign.
4. Potential Entry:
Short below: $8.300
Stop-loss: Above recent lower high at ~$8.340
Take profit levels: $8.212 (local support), $8.117 (previous base), or further if momentum builds
---
โ ๏ธ Watch Out For:
A break above $8.340โ$8.360 would invalidate the short setup.
If you see declining volume on green candles and increasing volume on red candles, thatโs further bearish confirmation.
๐ฅ Verdict:
Yes โ this chart shows a potential short signal. Confirmation improves with:
Breakdown below $8.30 support.
Continuation of lower highs pattern.
Weak bounce or doji rejection near $8.335โ$8.340 zone.
Would you like a script for automated trading alerts or a stop-loss calculator for risk management?
buy and trade here on $UNI