$UNI Rejection Play Activated — Short Setup 📉🔥
After a strong push upward, $UNI faced a clean rejection near the $3.42 resistance zone. Sellers have stepped in with strength, and short-term momentum is now shifting bearish. The structure is starting to weaken with a lower high forming on the 1H timeframe, signaling a potential pullback ahead.
Trade Plan (Short):
Entry: $3.36 – $3.38
Stop Loss: $3.43
Targets:
TP1: $3.32
TP2: $3.27
TP3: $3.22
Why This Setup Works:
• Strong rejection from a key resistance zone
• Lower high formation confirming weakness
• Momentum shifting from bullish to bearish
As long as price stays below the $3.42 level, downside continuation remains likely. Manage risk properly and let the setup play out.