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【$UNIUSDT】Long and Short Battle Heats Up
$UNI This drop is definitely a bear trap. RSI has fallen to 27.9, and the 4-hour price has pierced through the lower Bollinger Band, but the MACD histogram is narrowing, indicating exhausted short momentum. During normal market fluctuation periods, buy orders are breaking down with lack of support below, but the order book shows extremely thick orders in the 3.45-3.46 zone with capital support intentions completely exposed. Price is holding strong in a negative funding rate environment, a typical short squeeze structure.
Current price 3.464 go long directly, with stop loss below 3.38. First target at 3.692, reduce position by half there, use remaining for breakeven trade targeting 3.817. Risk-reward ratio exceeds 4x, worth a shot.
Check live prices 👇 $UNI
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