UNI Rejection at $11.40 Sets Up a Clean Short Below $11

$UNI is losing momentum after multiple failures to reclaim the $11.30–$11.40 supply zone. Price action has rolled over into tight consolidation beneath resistance—a classic setup for a momentum short if $11.00 gives way.

Setup Snapshot

Bias: Bearish continuation toward prior demand pockets

Trigger: Breakdown and acceptance below $11.00 on increasing volume / momentum

Trade Plan (UNI/USDT)

Short Entry: $11.00–$11.10 (on breakdown or weak retest)

Stop Loss: $11.30 (above failed resistance)

Targets:

TP1: $10.80

TP2: $10.60

TP3: $10.40

Management & Invalidations

Risk: Cap at 2–3% per trade.

After TP1: Move stop to entry to lock risk to zero and trail above LHs/mini-structure.

Invalidation: 1H–4H close back above $11.30 erases the edge; step aside.

Why It Works

Rejection at a well-defined supply zone ($11.30–$11.40)

Compression under resistance → expansion often resolves down

Clear structure for entries, stops, and staged exits

This is market commentary, not financial advice. Manage your own risk.

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