【$UNI Signal】Empty position, waiting for downtrend momentum to exhaust confirmation
$UNI On the 4H timeframe, a clear downward impulsive structure is present, and the price is testing recent support lows. Trading volume has increased during the decline, but open interest has not decreased significantly, indicating it is not purely a long squeeze and there may be ongoing selling pressure. Funding rates are approaching neutral, and market sentiment is cooling.
🎯Direction: Empty position (NoPosition)
The current price is in a downtrend channel but is approaching the lower boundary of the channel and a previous area of high trading activity. The order book shows buy orders accumulating around 3.63, but selling pressure above is heavier. Wait for the price to show clear absorption behavior at support or a structural breakdown signal before considering directional trading.
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【$UNI Signal】Empty position, waiting for downtrend momentum to exhaust confirmation
$UNI On the 4H timeframe, a clear downward impulsive structure is present, and the price is testing recent support lows. Trading volume has increased during the decline, but open interest has not decreased significantly, indicating it is not purely a long squeeze and there may be ongoing selling pressure. Funding rates are approaching neutral, and market sentiment is cooling.
🎯Direction: Empty position (NoPosition)
The current price is in a downtrend channel but is approaching the lower boundary of the channel and a previous area of high trading activity. The order book shows buy orders accumulating around 3.63, but selling pressure above is heavier. Wait for the price to show clear absorption behavior at support or a structural breakdown signal before considering directional trading.
Trade here 👇 $UNI
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