$UNI Signal】1H-level rebound faces resistance, short sellers have a chance to cover


$UNI The 1H-level rebound encounters selling pressure near 3.289, with the 4H Bollinger middle band at 3.359 forming strong resistance. Market depth imbalance of -19.42%, buying strength is clearly insufficient. Although the 1H MACD histogram has turned positive, momentum is shrinking, casting doubt on the sustainability of the rebound.

Price repeatedly tests the range between 3.252 and 3.289, but bulls fail to make an effective breakthrough. The 4H MACD remains below the zero line, indicating a generally weak trend. This weak rebound and clear resistance structure favor the bears in risk-reward ratio.

🎯Direction: Short on rebound

⚡Entry: Enter gradually around the current price of 3.257, or add positions on a rebound near 3.285.

🛑Stop loss: Place all stop-loss orders above 3.364.

🚀Target 1: First target at 3.139.

🚀Target 2: Second target at 3.063.

🛡️Trade management:
- Execution strategy: Reduce half of the position when the price reaches 3.139, and move the remaining stop-loss down to the cost basis. If the price directly breaks above the entry zone, exit immediately and observe.

The 1H volume shrank rapidly after the rebound, with the latest one-hour volume only 1926, indicating very low market participation. The buy ratio in the 4-hour K-line remains below 0.5, dominated by bears. The funding rate of 0.0047% is not high, but still positive in a downtrend, suggesting room for further decline. Combined with the extremely narrow 1H Bollinger band, volatility is about to expand, making a downward move more likely.

Check real-time market 👇 $UNI
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#GatePreIPOs首发SpaceX #Gate13周年现场直击 #加密市场小幅下跌
UNI-2,91%
BTC-1,2%
ETH-1,76%
SOL-1,66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin