【$UNI Signal】Pullback to Long + Strong Consolidation After 4H Breakout with Volume

The 1H timeframe experienced a violent 21% surge yesterday and is now entering a strong consolidation at high levels. A massive bullish candle on the 4H chart broke through a month-long downtrend channel, which is a strong signal of trend reversal. Currently, the price is consolidating around 4.07. Although the 1H RSI is in the overbought zone, no bearish divergence has formed, indicating a strong market. Waiting for a pullback presents an opportunity.

🎯Direction: Long $UNI Long(

🎯Entry/Order: 4.020 - 4.040 )Reason: Support from the 1H EMA20 and the first consolidation after yesterday’s breakout (

🛑Stop Loss: 3.950 )Reason: Falling below yesterday’s 4H bullish candle’s midpoint and a key psychological level indicates short-term breakout failure (

🚀Target 1: 4.300 )Reason: Test yesterday’s upper shadow high and round number resistance (

🚀Target 2: 4.500 )Reason: 4H previous high zone and Fibonacci 0.618 extension level (

🛡Trade Management:

- Position Size: Standard position )Reason: Clear breakout structure on 4H with favorable risk-reward ratio (

- Execution Strategy: After reaching 4.300, reduce position by 50% and move stop loss to entry price of 4.040. For the remaining position, aim for the second target. If the price pulls back to the 1H EMA20 without breaking it, consider adding a small position.

Deep Logic: Yesterday’s 4H volume surged nearly 10 times, a solid sign of institutional capital entering. Although the Open Interest trend appears stable, no significant drop in open positions occurred during such a large rally, indicating that the bulls’ positions are solid and not just short covering. The order book depth shows buy orders are significantly thicker than sell orders (depth imbalance of 8.8%), with strong support below. The 1H EMA20 has quickly moved up to form a dynamic support. The strategy is to avoid chasing highs and patiently wait for a pullback to the moving averages for a sniper entry.

View real-time market 👇 )
---

Follow me: Get more real-time analysis and insights into the crypto market! ()$UNI