$UNI /USDT Trading Strategy
š Market Insight:
$UNI is currently up +4.80%, trading at $8.75 after testing both support and resistance within the day. Price is hugging the middle Bollinger Band (~$8.816), signaling potential consolidation before a breakout. The 24h high of $9.074 is close to the upper Bollinger Band ($9.001), which may act as resistance.
š¢ Entry:
Buy Zone: $8.60 ā $8.75
(Ideal if price retests support or consolidates above the middle band)
šÆ Targets:
Target 1: $9.00 (Upper Bollinger Band / short-term resistance)
Target 2: $9.14 (Previous high)
Target 3: $9.35 (Next resistance from extended price history)
š Stop Loss:
Stop: $8.34 (24h low and near bottom Bollinger Band)
š Key Levels:
Support: $8.63 / $8.34
Resistance: $9.00 / $9.14 / $9.35
Pivot (MB): $8.816
š” Pro Tip:
If UNI closes above $9.00 with strong volume, it could break the local range and target higher resistance quickly. Watch for RSI divergence or bullish engulfing candles on the 1H/4H for confirmation of trend continuation.
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