🚨 $UNI/USDT – 4-Hour Short Setup ⏱️
💰 Current Price: $11.36
🛡 Resistance Zone: $11.60 – $11.80
📉 Support Zone: $10.50 – $10.60
🎯 Entry Zone: $11.20 – $11.30
🛑 Stop Loss: $11.85
🏹 Take Profit Targets:
1️⃣ $10.90
2️⃣ $10.60
3️⃣ $10.20
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📈 Trade Rationale:
Resistance Confirmation: The price is approaching the $11.60 – $11.80 resistance zone, where previous price action has shown selling pressure.
Bearish Indicators: On the 4-hour chart, oscillators and moving averages are indicating a potential bearish reversal.
Risk-Reward Ratio: With a stop loss at $11.85 and take profit targets ranging from $10.90 to $10.20, this setup offers a favorable risk-reward ratio.
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⚠️ Risk Management:
Position Size: Adjust based on your risk tolerance and account size.
Market Conditions: Monitor overall market sentiment and news that could impact $UNI.
Time Frame: This setup is based on a 4-hour chart; adjust accordingly for longer time frames.
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