Welcome, Binance Square family! 🌟 Let's start our trading journey with the UNI/USDT pair (current price around 0.45 USDT) with a clear, strategic, and user-friendly guide, filled with entry levels, stop loss, and five profit-taking levels. Let's begin!
📊 Market Overview
Current price: ~0.45 USDT
Trend Analysis: The UNI token has bounced from a key support area (around $0.42-0.43 USDT) and is now retesting the resistance line - a crucial decision point moving forward. The moving averages indicate an upward trend, while the oscillators show increasing momentum.
Rules and Signals: Price stability above the support level over 1100 days and breaking out of a long-term double bottom pattern - very encouraging for the bulls.
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🎯 Overview of the trading strategy
USDT range notes level
Entry 0.445–0.455 Bounce area near support and retest of the breakout line
**Stop Loss (SL)** at 0.435 below the last support bounce area
TP1 0.48 First resistance test - short-term bullish trend
TP2 0.52 Fibonacci target in the middle of the channel plus the psychological round number
TP3 level 0.56 aligns with previous swing levels and EMA convergence
TP4 0.62 Continuation of the rise if buyers remain strong
TP5 0.70 Bullish area based on the major breakout (~+55%)
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📈 The rationale behind the strategy
1. Support bounce - the price recently rose from 0.42–0.43 USDT, confirming demand.
2. Bullish breakout - retesting the breakout level from a long base structure - a classic bullish technical pattern.
3. Momentum favored - moving averages align with the upward trend, oscillators turning green on daily/4-hour charts.
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⚠️ Risk Management
Position sizing: Keep it small - altcoins can swing heavily.
SL area: Just below 0.435 USDT to reduce risk.
Break-even move: After TP1 (~+8%), move SL to entry point to secure a free ride.
Expansion: Take partial profits at each target - ensuring disciplined exits and risk control.
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💡 Professional Moves
Strong close above 0.48: could drive momentum towards TP2 or TP3 (0.52–0.56).
Stalling at 0.48–0.50: Consider partial closure; the next step may require new catalysts.
Main trends in cryptocurrencies: Follow Bitcoin and DeFi news - UNI tends to follow broader sentiment.
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📝 TL;DR
The UNI token appears to be recovering from the support level near 0.42-0.43, with an entry at 0.445-0.455, a stop loss below 0.435, and five profit targets from 0.48 to 0.70 USDT. A clear, disciplined, multi-stage approach for a controlled recovery. 📈
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🔍 What is your expectation? Will you enter the market early or wait for a breakout confirmation above 0.48? Share your thoughts and plans! 💬
Binance Square pattern designed: Friendly, clear, bullish but cautious, and community-backed - no embellishments!
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Disclaimer: For informational purposes only. Always trade within your risk limits.