UNI recently showed pullback pressure on the 15-minute K-line, and the technical analysis provided several good trading opportunities.
From an entry perspective, shorting around 5.560 is a relatively ideal entry point. Setting the stop loss at 5.590 is sufficient, and the potential loss is not too large.
Regarding profit-taking plans, they are divided into two stages: first aiming for the 5.510 level, which has relatively obvious short-term support. When reached, a rebound is highly likely, so partial profit-taking can be considered. If the price continues to decline, the 5.480 to 5.450 area serves as the second line of defense. Recently, after a surge, this coin's volume has significantly diminished, and moving average resistance is also quite prominent. Once the short-term support is broken, there is room for further decline.
Overall, this is a short-term pullback shorting strategy that requires close attention to volume changes and the performance of key support levels.
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.
UNI recently showed pullback pressure on the 15-minute K-line, and the technical analysis provided several good trading opportunities.
From an entry perspective, shorting around 5.560 is a relatively ideal entry point. Setting the stop loss at 5.590 is sufficient, and the potential loss is not too large.
Regarding profit-taking plans, they are divided into two stages: first aiming for the 5.510 level, which has relatively obvious short-term support. When reached, a rebound is highly likely, so partial profit-taking can be considered. If the price continues to decline, the 5.480 to 5.450 area serves as the second line of defense. Recently, after a surge, this coin's volume has significantly diminished, and moving average resistance is also quite prominent. Once the short-term support is broken, there is room for further decline.
Overall, this is a short-term pullback shorting strategy that requires close attention to volume changes and the performance of key support levels.