$UNI /USDT – SHORT TRADE SIGNAL AS BEARISH MOMENTUM BUILDS BELOW $8.00

The $UNI/USDT pair is showing signs of weakening bullish momentum after a recent failed attempt to sustain above the $8.40 resistance level. Currently trading at $7.801, UNI has dropped -4.76% over the last 24 hours, with a notable rejection from the 24h high of $8.445 and a fresh low of $7.776.

🔍 Technical Outlook (30-Min Chart - Binance)

Resistance Zone: $8.20 – $8.45

Support Zone: $7.75 – $7.60

Price Action: Price is forming lower highs and struggling to reclaim $8.00, indicating weakening buyer strength.

Volume: 24h volume in UNI is 10.49M, with USDT volume at 85.47M, reflecting strong selling interest.

Momentum: Mild bearish divergence visible on RSI; MACD histogram leaning negative on lower timeframes.

📉 Trade Idea: Short Trade Signal

Entry: Near $7.90 – $8.00 (on a weak bounce or rejection)

Target: $7.60 – $7.45 (near key support zone)

Stop-Loss: Above $8.20 (to invalidate short setup)

Risk-Reward: Approximately 1:2+

📊 Performance Recap

7-Day Gain: +22.62% (retracement likely after strong run)

30-Day Gain: +16.21%

90-Day Gain: +33.97%

180-Day Drop: -54.56% (overall trend still bearish on larger timeframes)

📌 Conclusion: With resistance holding and volume fading near highs, a short-term pullback appears probable. Traders should watch for confirmation around $8.00 before entering a Short Trade.#BinanceHODLerHOME #TrumpTariffs #BinanceHODLerRESOLV #CryptoRoundTableRemarks #Tradersleague