#UNI
📊 Current UNI Price $9.76, technical indicators show clear bearish signals
🔴 Trading Advice: Exercise caution in shorting or remain on the sidelines
Technical Analysis:
• 1-hour super trend indicator has just turned to a bearish signal 📉
• RSI dropped to 38.48, indicating oversold but still has room to decline
• Price has fallen below the EMA moving average system, short-term trend weakening
• Bollinger Bands lower support around $9.74
📈 Specific Strategy:
Short Entry: $9.80-9.85 range
Stop Loss: $10.10
Target Price: $9.40-9.20
⚠️ Risk Warning:
Recently, a large holder withdrew 408,000 UNI (worth $4 million) from Binance, which may lead to significant selling pressure. The daily super trend is still bullish, but short-term adjustment pressure is evident.
It is recommended to operate with a light position and strict stop-loss management 🎯