$UNI UN ko Showing Signs of Bearish Exhaustion — Bounce Ahead?
UNI has seen a strong decline, dropping over 3.5% and forming a temporary base near the $10.50 support zone. The sharp downtrend may be cooling off as the candles show smaller body sizes and wicks on both ends, indicating indecision. If price holds above $10.55 and breaks $10.70 with volume, a short-term recovery toward $10.90 is possible. However, failure to hold $10.50 could trigger another leg down.
Trade Setup:
Entry: $10.58 – $10.62