$UNI I Short Setup – Day Trade Alert
Timeframe: 4H Chart
Signal: $UNI failed to break the key $6.50 resistance amid extreme fear in the market. Volume is too weak to sustain any meaningful rally, signaling short-term downside risk.
Trade Plan:
Entry: $6.15 – $6.20
Target 1: $5.90 (Pivot S1)
Target 2: $5.62 (Pivot S2)
Stop Loss: Above $6.50 (invalidates bearish structure)
Context:
After the recent Unification upgrade, UNI has been consolidating. Price struggling below $6.50 suggests that lower supports could be tested before bulls can reassert control. A clear break above $6.50 would invalidate this bearish short-term setup.
💬 Discussion point:
Are you taking this short, waiting for confirmation, or holding through the consolidation? Let’s hear your strategy below 👇
#UNI #CryptoTrading #DeFi #Altcoins
