$UNI BULLISH CONTINUATION SETUP – EYEING BREAK ABOVE $8.00 ZONE
📈 Current Price: $7.673 (+0.70%)
📊 24h High / Low: $7.981 / $7.334
📉 24h Volume: 15.19M UNI | $117.08M USDT
💹 Trend: Bullish Structure with Consolidation Under Resistance
🔍 KEY LEVELS TO WATCH:
Immediate Resistance: 🔼 $8.00 – Key breakout level; aligns with local top
Major Resistance: 🔼 $8.50 – Strong supply zone and next extension target
Support 1: 🔽 $7.50 – Local horizontal support and psychological level
Support 2: 🔽 $7.33 – Daily low and potential retest zone
Trendline Support: 🔽 ~$7.00 – Bullish structure invalidation below this level
🚀 TRADE SETUP – LONG POSITION
📌 Entry Zone: $7.60 – $7.70 (buy on minor pullback or breakout confirmation)
🎯 Targets (TP):
TP1: $8.00
TP2: $8.30
TP3: $8.50
🛡️ Stop Loss (SL): $7.30 (below 24h low to protect against fakeouts)
⚖️ RISK MANAGEMENT:
Risk only 1–2% of your capital per trade
Use a minimum Risk/Reward ratio of 1:2
Watch for volume confirmation on any break above $8.00 – avoid entering during weak moves
📌 Conclusion:
$UNI/USDT is forming a bullish continuation pattern, consolidating under the key $8.00 resistance with rising volume support. A break and close above $8.00 could ignite a rally toward $8.50+.
However, if bulls fail to sustain momentum, $7.30–$7.50 becomes critical to hold. Trade reactively and protect your downside.
“Consolidation before continuation – let price lead, not emotions.” 📊🔥
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