$UNITREE USDT — I’m watching this for a possible long, but I don’t want to chase it

I’ve been looking at the 1H chart, and the setup is interesting mainly because price is trying to recover after that sharp pullback.

$UNITREE ran from around 90.35 all the way to 104.80, then started giving back a good part of that move. Since the top, we’ve seen a series of lower highs and lower lows, so I’m not calling this a confirmed uptrend yet.

What I like right now is that price has bounced from the 95–96 area and is back around 98.50.

The moving averages are also starting to bunch together:

- MA5: 97.54
- MA10: 98.23
- MA30: 98.35

Price is currently above all three, but only slightly. So for me, the next few candles are important. If buyers can hold this area instead of giving the whole bounce back, I think there’s room for another move higher.

My trade plan

Direction: Long
Entry zone: 97.50 – 98.20

I wouldn’t personally enter a full position at 98.50 after the bounce. I’d rather see a pullback toward the MA5/MA10 area and see buyers defend it.

Support:

- 97.50 — short-term MA/support area
- 95.00–96.00 — stronger recent support
- 90.35 — major swing low on this chart

Resistance:

- 100.00–100.50 — first area I’d watch
- 101.90 — previous consolidation/resistance
- 104.80 — recent high

Targets

TP1: 100.50
TP2: 101.90
TP3: 104.00–104.80

If price gets to TP1, I’d take some profit rather than assuming it will immediately retest 104.80.

For the stop, I’d use roughly 95.40–95.60 depending on the exact entry. That puts the risk around 2–3% from the entry zone.

I’d keep the position size small enough that a stop-out is completely manageable. This is important here because UNITREE has already shown that it can move several dollars pretty quickly.

The MACD is still not giving me a super clean bullish confirmation either, so I’m treating this as a recovery trade, not some high-conviction trend trade.

What would make me cancel it?

Simple for me:

If price loses 95 and starts closing below that area on the 1H, I don’t want to keep forcing the long idea.

And if we get a strong rejection around 100–102 with sellers taking control again, I’d rather protect the position than sit there hoping for 104.80.

The bigger thing I’m watching is whether price can start making a higher low + higher high after this pullback.

Right now, I have a reason to watch the long, but I don’t have a reason to be stubborn about it.

If the pullback never comes and price just runs, I’ll let it go. I’d rather miss a move than turn a decent setup into a FOMO entry.

My plan: 97.50–98.20 entry → 95.50 invalidation → 100.50 / 101.90 / 104+ targets.

That’s the setup I’m watching from this chart. It can fail, so position size matters more to me than trying to predict the next candle.

Not financial advice. Just my personal chart-based trade plan.

$UNITREE

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