$UNI REJECTS KEY RESISTANCE – SHORT DISTRIBUTION CONFIRMED 🔴
Entry: 3.30 - 3.45 🔥
Target: 3.00 🚀
Stop Loss: 3.62 ⚠️
The rejection at 3.30-3.45 is textbook distribution — bearish engulfing candle on the 4H plus negative RSI divergence. Sellers stepped in hard and volume is expanding on the drop, which tells me this isn't just a fakeout.
The risk/reward here is clean with the first target sitting at $3.00, where the next liquidity pool sits. Are you shorting this rejection or waiting for a retest of the zone?
Not financial advice. Always manage your risk.
#UNI #ShortTrade #BearishSetup #Distribution
🔥
Entry: 3.30 - 3.45 🔥
Target: 3.00 🚀
Stop Loss: 3.62 ⚠️
The rejection at 3.30-3.45 is textbook distribution — bearish engulfing candle on the 4H plus negative RSI divergence. Sellers stepped in hard and volume is expanding on the drop, which tells me this isn't just a fakeout.
The risk/reward here is clean with the first target sitting at $3.00, where the next liquidity pool sits. Are you shorting this rejection or waiting for a retest of the zone?
Not financial advice. Always manage your risk.
#UNI #ShortTrade #BearishSetup #Distribution
🔥