$UNI The Long Liquidation at $2.0388K happened when the price reached $13.6835. This means that a significant amount of long positions were closed at this level due to price drops or liquidation triggers.
Here’s a complete breakdown for you.
Buy Zone.
Potential Buy Zone. Look for a price range between $13.20 - $13.50. This is where support might form after the recent sell off, and you may find good entry points for long trades. If the price dips to this range, watch for signs of stabilization before entering.
Target.
Target Price. The target is around $15.00 - $16.00. This zone could see resistance, but if $UNI can break through it, the price could go higher. Set partial take-profits around $14.50 and consider scaling out as the price moves toward the upper target.
Stop Loss.
Stop Loss Level. Set a stop-loss just below $12.50 to protect against further downside. If breaks below this level, it might indicate a deeper pullback or trend reversal, and you may want to exit the position.
Next Steps.
1. Monitor price action closely around the $13.20 - $13.50 zone for signs of support (e.g., candlestick patterns like a bullish engulfing or a strong wick).
2. Watch for volume. If the buying volume increases at the buy zone, it can signal a good time to enter the trade.
3. Keep an eye on market sentiment. If the broader crypto market is bullish, $UNI could follow the trend, but if the market starts to drop, you may need to adjust your strategy.
Summary.
Buy Zone: $13.20 - $13.50
Target Price: $15.00 - $16.00
Stop-Loss: Below $12.50
Keep in mind that prices can be volatile, so always have a risk management plan in place. Happy trading.
#UNI/USDT #BinanceAlphaAlert #BTCXmasOrDip? #XmasCryptoMiracles #Crypto2025Trends