That recent pump was great, but the washout before that was really brutal.

$UNI oscillated wildly at the low levels, scaring many people out as they thought it would keep dropping, but I wasn't looking at the fear; I was watching whether it could quickly recover after the shakeout.

Here's the key: it was repeatedly tested around 2.888, but without forming an effective breakdown; instead, the washouts got lighter.
Something was off here. The bears tried to create a key level using the momentum, but instead of scattering the chips, it gave the bulls a chance to regroup.

Now the price has pushed to 3.199, and the floating profit on this trade is showing +762.18%, with an obvious extension.
When you encounter a market that bounces back from panic, the most important thing is not to call bullish, but to manage your position. After securing profits, I'll lock in some first, and let the rest follow the strength of the chart; the stop-loss must be set properly.

Chasing such a move is easy to get burned. If you missed it, accept it, don't get emotional. Don't chase; it's more comfortable to wait for the next pullback confirmation.

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