UNI/USDT Perpetual Contract
Short
Updated

Uniswap Coin (UNI): Possible Catch of Short Position!

Uniswap can make a smaller reversal here, which would result in a movement to the support zone here (more of a liquidity zone even).

This would be our target and entry would be determined based on market price development, which means if we break current entry zones, we might fall and form another quick movement (just like we have been making previously).

If not, then most likely EMAs will be our next point of interest!

Swallow Team
Trade closed: target reached
snapshot
Uniswap did have a proper breakdown from our entry zone and a successful re-test of the broken zone, which led the price to our target zone / (+7.77%) ROI.

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