🔥$UNI Still Bearish but Exhaustion Building – Counter-Trend Long Idea
Price ~5.17 after -45% crash from 9.34. Now consolidating 4.85-5.20 zone with multiple long lower wicks → strong rejection of lower prices. Volume fading hard on recent drops (latest candle 25k vs prior 44M) = classic selling exhaustion.
Flows: Heavy 24H/7D outflows (-6.1M/-22.3M) but 12H turned positive (+3.7M). Short-term still weak but momentum slowing.
$UNI Setup long - Entry: 5.00-5.10 now or better 4.85-4.90 retest - SL: 4.75 (below swing low/Support) - TP1: 5.395 - TP2: 5.834
Counter-trend = higher risk. Bearish structure still in control, so tight stops mandatory. Break 4.75 and idea dead. #UNI #UNIUSDT #uniswap
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