UNI/USDT — Short-Term Profit Booking Setup
Entry Zone: $10.50 – $10.80 (within today’s range of ~$10.04 – $11.26)
Position Size: ~93 UNI (for a $1,000 position)
Take Profit Targets:
TP1: $11.50
TP2: $12.50
Stop-Loss: $10.00
Why This Setup Works — Point-by-Point Explanation
1. Momentum in Motion
UNI is trading near $11.26, close to today's high—signaling bullish strength. The $10.50–$10.80 zone offers a low-risk entry just above support.
2. Technical Breakout & Structural Setup
Analysts have identified a bullish pennant formation for UNI—suggesting continuation after this consolidation phase. A breakout targets $8.48 next, then higher levels if momentum sustains.
3. Reversal Momentum & Trend Shift
UNI has rallied nearly 70% off its yearly low, reversing a multi-month downtrend with seven bullish weekly candles in eight weeks a clear trend reversal signal.
4. Institutional & Whale Support
Whale accumulation has surged—massive amounts of UNI have been withdrawn from exchanges (e.g., a $25M stake), indicating strong investor confidence. Open interest and on-chain activity further reinforce bullish sentiment.
5. Pragmatic Risk and Reward Management
Stop-Loss at $10.00: Just beneath the entry zone to cap downside risk effectively.
TP1 ($11.50): ~2% gain—ideal for quick exit.
TP2 ($12.50): ~11% gain—captures the broader breakout run.