The daily candle on $UNI ‌ finally showed some signs of life, but I’m not sure we’re out of the woods just yet.


We’ve been bleeding for weeks, and that 3.057 level is held by a thread. Seeing a tiny green bounce here is a relief, but the volume is still pretty dry.
If this is just a relief rally, we might stall out around the 3.26 zone before another leg down. I'm waiting to see if it can actually flip the recent breakdown level into support or if this is just a "dead cat" situation.
Keeping a close eye on the order book. The asks are stacking up, so bulls have a lot of work to do.
Holding tight for now. Let's see if the bulls have any real gas.

#GateSquareAprilPostingChallenge
UNI1,52%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin