UNI has surged almost 15% since our last analysis and is now trading in a strong short-term uptrend.
Momentum remains positive, but with geopolitical tensions increasing, a short-term pullback is still possible. If war-related headlines trigger another risk-off move, UNI may retest its major support zone, which could offer an attractive long-entry opportunity.
Our view is that if buyers defend the $2.95–$3.02 support area and market sentiment stabilizes, UNI could resume its upward move toward the next major resistance levels.
Trade Levels:
Entry Zone: $2.95 – $3.02
Take Profit 1: $3.35
Take Profit 2: $3.64
Stop Loss: $2.79
Bias: Bullish while UNI holds above the support zone.
Momentum remains positive, but with geopolitical tensions increasing, a short-term pullback is still possible. If war-related headlines trigger another risk-off move, UNI may retest its major support zone, which could offer an attractive long-entry opportunity.
Our view is that if buyers defend the $2.95–$3.02 support area and market sentiment stabilizes, UNI could resume its upward move toward the next major resistance levels.
Trade Levels:
Entry Zone: $2.95 – $3.02
Take Profit 1: $3.35
Take Profit 2: $3.64
Stop Loss: $2.79
Bias: Bullish while UNI holds above the support zone.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.