$UNI /USDT BEARISH REVERSAL – CRITICAL DEMAND ZONE TESTING
📉 Current Price: $6.827
🔻 24H Change: -11.01%
📊 24H Volume: 10.71M UNI | $77.47M USDT
📉 Range: $7.679 (High) – $6.777 (Low)
🔍 MARKET STRUCTURE: BEARISH REVERSAL IN PLAY
$UNI has sharply pulled back after a failed breakout near $7.70, breaking below multiple short-term support levels. This signals loss of bullish momentum, now leaning toward a bearish continuation if $6.70–$6.60 fails.
🔑 KEY LEVELS TO WATCH
Resistance Levels:
$7.00 – Immediate resistance
$7.20 – Minor supply zone
$7.60 – Breakdown zone
$8.00 – Major resistance from recent swing high
Support Zones:
$6.77 – Intraday low (critical)
$6.60 – Historical support zone
$6.20 – Macro support and bounce level
⚠️ TRADE SETUP: SHORT POSITION
🔻 Short Entry: $6.82–$6.90
🎯 Targets (TP):
TP1: $6.60
TP2: $6.20
TP3: $5.85 (if heavy breakdown)
🛑 Stop Loss: $7.25 (above resistance flip level)
🧠 RISK MANAGEMENT STRATEGY
Risk only 1–2% per trade
Adjust position sizing with SL-distance
Move SL to breakeven after TP1 is hit
Beware of volatility near support zones
📌 SUMMARY: has broken down from a short-term uptrend with volume confirmation. If it closes below $6.77–$6.60, expect further downside toward $6.20. Bulls must reclaim $7.20+ to shift sentiment back to neutral.
Let me know if you'd like a chart with trendlines, RSI, or EMAs added for confluence. 📊
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