$UNI just made a strong impulsive move and is now pulling back into a short term demand zone. I’m seeing sellers losing momentum after the drop and buyers starting to step in near support. This looks like a healthy retracement after expansion, not a breakdown.
Trade Setup
Entry Zone: 6.10 – 6.18
Target 1: 6.32
Target 2: 6.45
Target 3: 6.65
Stop Loss: 5.98
Why this works
I’m trading this because price is reacting at a previous support area with declining selling pressure. The move up was strong, volume expanded on the push, and now price is compressing which usually leads to continuation. Risk is clearly defined below structure, while upside offers a clean risk to reward. I’m patient on entry and disciplined on invalidation.
UNI
6.124
-0.89%
