đ¨ $UNI LONG LIQUIDATION ALERT! đ¨
A $9.54K long position was liquidated at $13.5392, shaking out over-leveraged bulls! With a significant move like this, traders are bracing for whatâs next. Will $UNI recover, or is more downside coming? Letâs dive in:
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đ Key Levels for $UNI
Buy Zone: $13.20 - $13.50 (look for consolidation and stability here)
Target 1: $13.90 (first resistance level for a recovery)
Target 2: $14.50 (if bullish momentum gains strength)
Stop Loss: Below $13.00 (to manage risk in case of further drops)
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What Could Happen Next?
1ď¸âŁ Bullish Scenario: If buyers defend the $13.20 zone, $UNI could rebound and test $13.90 in the short term. A strong breakout above $13.90 could lead to a rally toward $14.50.
2ď¸âŁ Bearish Scenario: If selling pressure continues and drops below $13.20, expect the price to test support at $12.80, which could trigger further liquidations.
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Market Sentiment:
This long liquidation signals a shakeout, but it could also be a chance for disciplined traders to jump in at lower levels. Keep an eye on volume spikes and price action near $13.20 for clues about the next move.
â ď¸ Pro Tip: Stick to your plan, use stop-losses, and donât let emotions dictate your trades. The market rewards patience and discipline. đ
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