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$UNI Up 22% like crazy! Are retail investors’ last chance at getting rich still a bull market—or a bear market crematorium?
“Bad news fully exhausted is good news, but overly overextended good news often ends at a cliff.” Hi everyone, I’m Bai Yue.
UNI’s V-shaped reversal was too aggressive—within an hour it jumped to above $3.60. But the chart is covered in “overbought” red lights; the short-term move looks overheated and a pullback could happen at any moment.
The liquidation map shows that a large number of shorts are positioned above $3.70–$3.80. Combined with Standard Chartered Bank calling for a $100 target price and with the risk-off funds ahead of the Federal Reserve meeting, longs will likely seize the chance to “slaughter the shorts” and wash them all out.
Trading strategy:
If you want to go long: around $3.55–$3.60, targeting around $3.8–$3.9
If you want to go short: around $3.95–$3.90
My personal view is very clear: from 2.7 to 3.6, on the surface it’s Standard Chartered stoking a hundred-dollar target and positive news from the Arc collaboration—but the plain truth is that the main players are using the headlines to cut retail investors down to the last blade.
#TradFiCFD黄金大师赛 #预测世界杯英格兰VS克罗地亚