💥 $UNI /USDT BEARS TAKE CONTROL — NEXT MOVE LOADING❗
$UNI /USDT is showing clear weakness after a strong rejection from the recent swing high at $7.863, forming a double top structure on the 4H chart.
Sellers stepped in heavily, driving the price down to the $6.77–$6.78 zone, which is now acting as immediate support.
If this level breaks convincingly, expect an accelerated move towards the next key support near $6.50–$6.45, which aligns with the recent low at $6.495.
The overall market sentiment is risk-off, and the bearish momentum is confirmed by a series of strong red candles with lower highs and lower lows.
A weak bounce attempt back above $7.02 failed, showing that sellers are firmly in control.
Traders should watch for:
✅ A clean breakdown below $6.77 with volume for a potential short entry.
✅ If bulls defend $6.77, a relief bounce could push UNI back to test $7.02–$7.10, which might offer another short opportunity.
✅ Tight risk management is key, as sharp reversals are common near psychological supports.
Suggested Short Trade Idea:
• Entry: Below $6.77
• Take Profit: $6.55–$6.50
• Stop Loss: $7.05
• Timeframe: 4H chart
Keep an eye on BTC price action as it could impact UNI’s next move. Stay alert and adapt quickly!
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