$UNI /USDT – BEARISH MOVE LOOMING BELOW RESISTANCE ⚠️📉
📊 Technical Analysis
$UNI is currently trading at $7.45 (+4.43%), showing short-term strength, but key technicals hint at an upcoming bearish reversal if resistance holds.
🔹 Key Levels
Resistance: $7.77 (24h High & major rejection zone) 🚫
Support: $7.13 (24h Low) & $7.00 (psychological level) 🛡️
Current Price: $7.45
MA Overview:
MA(7): $7.48
MA(25): $7.56
MA(99): $7.43
Price is hovering below short- and mid-term MAs, suggesting weakening momentum.
📉 Trade Setup: SHORT
Entry: $7.48–$7.55 (near resistance)
Stop Loss (SL): $7.78 (above key resistance wick)
Take Profit (TP):
TP1: $7.13
TP2: $6.85 (previous support zone)
TP3: $6.50 (extended move if momentum builds)
⚠️ Bearish Indicators:
Price rejection near $7.77
Lower highs on shorter timeframes
MACD showing early bearish crossover 📉
Failing to break MA(25), indicating loss of upside strength
📈 Risk Management Tip
💰 Risk only 1–2% of your capital per trade. Use tight SL, and trail stops as price moves in your favor. Discipline beats FOMO. 🧠✅
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🚨 Stay sharp, traders. Markets reward precision, not prediction! 🔍📉
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