【$UNI Signal】Bearish momentum is exhausted, left-side trap for a rebound

$UNI 1H RSI drops to 17.2, price breaks below the lower Bollinger Band, indicating short-term overextension of the bearish force. The 4-hour MACD histogram continues to expand, but open interest remains stable, showing no signs of panic selling. The order book is rapidly withdrawing, with sell orders accumulating above 3.372, while a solid wall of buy orders is built around 3.35.

🎯Direction: Left-side trap for a long position

⚡Entry/Order: Enter in batches around 3.335 - 3.343

🛑Stop Loss: 3.262

🚀Target 1: 3.667

🚀Target 2: 3.829

🛡️Trade Management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Funding rates turn negative, but open interest has not shrunk with the price decline, indicating funds are absorbing at this level. The 1-hour chart shows consecutive long lower shadows, with selling pressure quickly absorbed. This extreme oversold condition, combined with dense buy orders below, offers a favorable risk-reward ratio, making it worthwhile to attempt a technical rebound with limited risk.

Check real-time market 👇 $UNI
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