The correction is officially over! After carving out a classic "W" bottom, UNI has exploded higher, confirming a major reversal and the start of a new, powerful uptrend. The current small pullback is the perfect opportunity savvy traders wait for.
Don't let this minor dip fool you; the bulls have taken control, and this is your chance to get on board. $UNI
š The Bullish Case (Why The UNI Rally Is Just Beginning)
š¹ "W" Bottom Confirmed: UNI has formed a textbook double bottom reversal pattern with strong support found around the $8.00 level. This is a classic, high-probability signal that the downtrend has ended.
š¹ Explosive Uptrend Established: The powerful surge that broke above $9.00 is undeniable proof that the momentum has shifted. This isn't just a bounce; it's the start of a new impulse wave.
š¹ Healthy Pullback (Bull Flag): The current dip is a healthy consolidation. The market is catching its breath and building energy for the next leg up. This is your ideal entry point to join the trend.
š¹ Prime Risk/Reward: Buying into this pullback offers a fantastic risk-to-reward ratio. Your potential upside to new highs is massive compared to a tight, defined stop loss. $UNI
š The Trade Recommendation:
This is a classic "buy the dip" setup after a confirmed trend reversal. The path of least resistance is now up.
ā BUY: In the current zone of $8.85 ā $8.90
šÆ TP1: $9.05 (Re-test of the recent high)
šÆ TP2: $9.20
š SL: $8.70 (A tight stop below the recent consolidation)
š„ The Bottom Line: The reversal is confirmed, the new uptrend is strong, and this pullback is your golden ticket. The smart money is buying this dip before the next major surge.
š Do you think UNI will break $9.20 this week? Let me know your thoughts! š
ā¤ļø Like if you're bullish on this UNI reversal, and follow for more powerful setups
