$UNI /usdt
Based on the 15-minute UNI/USDT chart from KuCoin shown in the image, here is a technical analysis breakdown and trading signal outlook:
Market Breakdown (15m Timeframe)
* Current Price: $8.8726 (+3.47% 24h)
* 24h Range: High: $9.3256 | Low: $8.5557
* Trend Analysis: The pair recently rejected near the local peak at $9.3256 and underwent a clear lower-high / lower-low corrective pull down. Price is currently testing short-term support around the $8.75 – $8.80 level.
* Candlestick Pattern: The recent green candles at the bottom of the dip show minor buying absorption near $8.76, but momentum remains neutral-to-bearish in the ultra-short term until a structural break above $9.00 occurs.
Trading Signal Setup
Option A: Scalp Long (Buying the Support Rebound)
* Entry Zone: $8.80 – $8.87
* Take Profit 1 (TP1): $9.00
* Take Profit 2 (TP2): $9.15
* Take Profit 3 (TP3): $9.32
* Stop Loss (SL): $8.72 (Strict SL below recent swing low at $8.7617)
Option B: Short Trade (If Support Fails)
* Entry Trigger: Breakdown below $8.74 with volume
* Take Profit 1 (TP1): $8.60
* Take Profit 2 (TP2): $8.55
* Stop Loss (SL): $8.92
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