$UNI
USDT – BULLISH REVERSAL OR JUST A DEAD CAT BOUNCE?
STRONG WICK REJECTION FROM $7.21. BOUNCE FROM KEY DEMAND ZONE.
UNI bounced hard from the $6.495 low, reclaiming the $7.00 zone with strong momentum. However, the rejection near $7.21 resistance shows sellers are still active. A clean hold above $6.97 could support bullish continuation.
LONG TRADE SETUP:
Entry: $7.00
Target 1: $7.22
Target 2: $7.35
Stop Loss: $6.86
A break and close above $7.22 can confirm bullish strength, else expect more sideways chop.
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