📉 $UNI / USDT – STRUGGLING TO HOLD THE TREND! 📉
$UNI is currently trading at $7.32, showing signs of exhaustion after a steep rally to $8.677.
The 4H chart reveals rejection near the 25 MA ($7.84) and a breakdown below the 7 MA ($7.46), indicating short-term weakness.
Despite a bounce from the $7.19 low, the momentum remains indecisive as price compresses under key resistance levels.
If bulls reclaim the $7.66–$7.80 zone with strength, a new leg up may begin.
Until then, pressure remains to the downside with a potential revisit to the 99 MA ($6.75).
📊 Trading Plan
Bearish Setup (Trend Continuation)
• Entry: $7.30 – $7.50
• Take Profits: $7.10 / $6.90 / $6.75
• Stop Loss: $7.85
Bullish Setup (Breakout Play)
• Entry: $7.80 – $7.90
• Take Profits: $8.15 / $8.45 / $8.65
• Stop Loss: $7.49
⚠️ Sideways structure forming – wait for breakout confirmation before entry.