UNI Short Liquidation of $1.406K at $6.113 has acted as a catalyst, clearing excess downside pressure and opening the door for a bullish continuation. After a controlled pullback and short-term consolidation, price is now showing clear signs of strength as buyers reclaim key levels. This liquidation event suggests bears are losing control, while momentum begins to rotate back in favor of $UNI.
Trade Setup
Entry Zone: $6.05 – $6.20
TP1: $6.45
TP2: $6.75
TP3: $7.10
Stop Loss: $5.88
Price action is forming higher lows on intraday timeframes, supported by improving volume and steady demand around the entry zone. This structure often appears before a breakout phase, especially after leveraged shorts are flushed from the market. As volatility compresses, the probability of an expansion move to the upside increases.
Market sentiment is gradually turning optimistic as confidence builds around trend continuation. As long as price holds above support, upside targets remain valid. Traders should stay patient and disciplined, letting the setup develop naturally. Momentum favors the bulls, and continuation remains the dominant scenario for $UNI
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