【$UNI Signal】1H timeframe consolidating with decreasing volume, waiting for a directional breakout

$UNI The 1H timeframe is oscillating narrowly between 3.38-3.44, with declining volume, indicating a pre-reversal phase. The 4H timeframe remains in a downtrend channel, but the price has repeatedly found support near 3.38, forming a local platform. Open interest remains stable, with no signs of panic selling; major players may be accumulating. Currently, the price is between the 1H EMA20 and EMA50, and a directional move is imminent.

🎯 Direction: Wait and see ( Pending orders ) - Confirm breakout

⚡ Pending order strategy:

1. Breakout Long: If the price stabilizes above 3.44, indicating a breakout of the 1H consolidation zone’s upper boundary, go long.

2. Pullback to Long: If the price retraces to the strong support zone of 3.38-3.40 and shows signs of stabilization, consider entering a long position.

🎯 Entry / Pending orders:

- Long Entry A ( Breakout chase long ): 3.445 - 3.455 ( Reason: Stabilizing above the 1H consolidation zone’s upper boundary and EMA50 resistance )

- Long Entry B ( Retracement to add long ): 3.385 - 3.395 ( Reason: Retracement to strong 4H support and recent lows )

🛑 Stop-loss:

- Corresponding to Entry A: 3.380 ( Reason: Break below the lower boundary of the consolidation platform, structure breakdown )

- Corresponding to Entry B: 3.365 ( Reason: Break below key support, bearish dominance )

🚀 Target 1: 3.52 ( Reason: Previous rebound high on 4H timeframe and EMA20 resistance )

🚀 Target 2: 3.60 ( Reason: 4H downtrend line resistance and the high area of February 18 )

🛡️ Trade management:

- Position size suggestion: Light. Reason: Overall trend remains weak, trading against the trend, strict risk control needed.

- Execution strategy: Use partial profit-taking. After reaching Target 1, reduce position by 50% and move the remaining stop-loss to the entry price. If the price fails to break above 3.44 and turns downward, abandon the long plan.

Deep logic: Price declines but open interest remains stable, suggesting it’s not purely long liquidation; there may be short positions lurking or major players defending the price. The 1H RSI hovers around 40, not oversold, leaving room for a rebound. Market depth shows heavy sell orders above 3.40, requiring increased volume to break through. Buy orders in the 3.38-3.39 zone are relatively deep, providing short-term support. Funding rates are slightly positive, with no strong expectations of short or long squeezes. The key is to observe the firmness of the 3.38 support and the effectiveness of the 3.44 breakout.

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