$UNI /USDT BEARISH PULLBACK AFTER SHARP SPIKE
UNI showed a strong rally toward $11.63 but failed to sustain, pulling back quickly to $11.12. The rejection near local highs indicates sellers stepping in after the vertical move. If the price fails to reclaim $11.35 resistance, downside continuation is likely toward $10.70 support.
Trade Setup (Short):
Entry: $11.20 – $11.30
Take Profits: $10.95 / $10.75 / $10.50
Stop Loss: $11.55
Market Outlook:
Short-term sentiment has shifted bearish as the strong wick rejection highlights exhaustion of buyers. Consolidation below $11.30 keeps the pressure on the downside until bulls regain control.
