Despite being in a temporary downtrending channel, UNI has a strong support at $4. So I believe that, with BTC being stable it will bounce back from $4. I am opening a temporary short to take advantage of the situation followed by a long when it bounces back from $4 sustainably after waiting for a while. $4.6 and $5 and strong resistances. so I shall be careful about those ranges while trading.
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