Based on the trade signal you shared for **$UNI/USDT Short**, here's a structured breakdown of the setup and key considerations:
### Trade Signal Summary:
- **Asset**: UNI/USDT (Uniswap)
- **Direction**: Short (Bearish)
- **Current Price**: ~7.728 USDT (+6.93%)
- **Trigger**: Rejection near **$8.00 resistance** with tapering volume & failure to close above 7.95.
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### Key Levels:
| **Type** | **Levels** |
|----------------|---------------------|
| **Entry Zone** | 7.75 – 7.88 USDT |
| **Targets** | 7.40 → 7.10 → 6.85 |
| **Stop Loss** | 8.03 (above local high) |
| **Resistance** | 7.95 / 8.00 |
| **Support** | 7.10 / 6.85 |
| **Pivot** | 7.60 |
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### Strategy & Validation:
1. **Confirmation Trigger**:
- A break below **7.60** with **increased volume** (30m/1h chart) could accelerate the drop toward 7.10.
2. **Market Correlation**:
- Monitor **BTC/ETH** for broad market direction. Crypto trends are often correlated.
3. **Risk Catalysts**:
- Events like #PowellRemarks (Fed policy) or #IsraelIranConflict could spike volatility.
- #DAOBaseAIBinanceTGE (token launches) may shift capital flows.
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### Critical Risk Management:
- **Position Size**: Never risk more than 1-2% of your capital on one trade.
- **Stop Loss**: **Mandatory** at 8.03. A break above 8.00 invalidates the bearish structure.
- **Leverage**: Avoid high leverage (e.g., >10x) due to volatility. Short squeezes are common.
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### Why Caution is Essential:
- **False Breakdowns**: UNI may fake a drop below 7.60 before reversing.
- **Bullish Catalysts**: Positive news (e.g., #CryptoStocks rally, Uniswap upgrades) could trigger pumps.
- **Low Float Coins**: Tokens like UNI can be volatile; thin liquidity amplifies moves.#PowellRemarks #CryptoStocks #MyTradingStyle $UNI
