🚀$UNI /USDT – Rejection Near Resistance, Is Pullback Next or Breakout Setup🤔🔐👇
🔹 Current Price: $7.416
📊 24H Change: +0.83%
📈 24H High: $7.775 | 24H Low: $7.195
📉 Volume (UNI): 12.96M | Volume (USDT): 96.4M
🔍 Technical Breakdown
🕓 4H Chart:📊
$UNI rallied from $7.19 to $7.77 but now struggling to break EMA 20 ($7.562).
Bearish candle formation below this EMA hints at resistance holding.
MACD histogram still negative but decreasing – bearish momentum slowing.
RSI (48.05) = Neutral zone, no dominance from bulls yet.
🕐 1H Chart:📊
$UNI Price is compressing just under EMA 50 ($7.542) and EMA 20 ($7.482).
MACD is neutral with no crossover → consolidation zone
RSI at 44.97 = slightly weak, but not oversold
✅ Trade Setup: Rejection Play with Breakout Watch
🟠 Short-Term Sell Setup (if rejection holds)
Entry: $7.45–$7.50❌
TP1: $7.20
TP2: $7.05
SL: $7.60
📌 Ideal if price continues forming lower highs with low volume
🟢 Breakout Buy Setup (if breakout confirmed)✅💥
Entry: After 1H candle closes above $7.57
TP1: $7.77
TP2: $8.00
SL: $7.35
📌 Trigger: Strong green volume above 4H EMA resistance
⚠️ Key Watch Levels:
$7.562 = EMA 20 (4H) → Breakout trigger
$7.195–$7.20 = Local support zone
MACD & RSI still undecided → wait for direction confirmation
🧠 “Sideways zones are where smart traders prepare. Wait for a candle to tell you the story, not assumptions.”
📛 This post is for educational purposes. Always apply stop-loss and manage your risk accordingly.
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