š Trade Setup: $UNI ā Range Breakdown Risk, Short Bias on Bounce
UNI continues to trade below the 4H MA50 & MA100 while failing to reclaim the mid-Bollinger band on 1H. Momentum remains weak, with MACD flattening and RSI unable to break 50. Until UNI recovers above 5.75, upside strength is limited.
š» Short Entry: 5.65ā5.72 (bounce into MA50/BB midline resistance)
šÆ Take-Profit Targets:
TP1: 5.50 ā Local support zone
TP2: 5.34 ā Recent swing low / BB bottom
š Stop-Loss: ā 5.80 (above 4H trendline + MA100 confluence)
Risk:Reward ā 1:2
ā ļø Risk Factors
If UNI reclaims 5.80, this short thesis is invalid.
Watch BTC volatility ā UNI follows general market rotation.
Momentum is soft but not oversold, meaning a corrective bounce may appear before continuation.
