【$UNI Signal】Wait and re-enter long positions on pullbacks

$UNI 1H timeframe surged to 4.169 then pulled back, with the 4H Bollinger Band upper band at 4.0297 forming resistance. RSI on the 4H chart is at 72 in overbought territory, MACD on the 1H chart shows narrowing bars. Buying depth ratio is 0.83, orders are weak, selling pressure has not yet been released.
🎯Direction: Wait and see (re-enter long on pullback)
⚡Entry/Order: 3.930-3.980 (recommended entry zone)
🛑Stop loss: 3.507
🚀Target 1: 4.105
🚀Target 2: 4.304
🛡️Trade management: - After reaching Target 1, reduce position by 50%, move stop loss to break-even, remaining position depends on Target 2.
Depth logic: The 4H MACD still shows a bullish expansion trend, but momentum on the 1H chart is waning at high levels, increasing the risk of chasing higher. Funding rate is only 0.006% and open interest is stable, indicating no bearish trend has formed. Under this structure, wait for the price to pull back near 3.90 to re-enter long, with a stop loss at 3.507 to withstand short-term fluctuations. Risk-reward ratio is about 1:2, patiently waiting is more prudent than chasing highs.
Check real-time market 👇 $UNI
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