$UNI
1. Transaction cash flow analysis:
- The selling volume is higher than the buying volume in the past 24 hours
- The current Long/Short ratio is about 0.45, indicating that short pressure is dominating
- The net cash flow over the past 5 days is quite negative (-60.17K UNI)
2. Additional technical analysis:
- MA7 & MA25 are giving a death cross signal on the 1W timeframe
- Bollinger Bands are expanding with the price below the middle band, indicating strong downward momentum
- Volume Profile shows the $13.2-13.4 area as an important accumulation zone
3. Adjusting the forecast scenario:
Main scenario (Probability increased to 70%):
- The price will test the $13.0-13.2 area in the next 4-8 hours
- If this area holds, the likelihood of a recovery to $13.8-14.0 is high
- Reasons:
+ RSI is strongly oversold
+ Volume is high at the current price level
+ The long/short ratio is low, which could trigger a short squeeze
UPDATED TRADING RECOMMENDATIONS:
1. Long position:
- Entry price range: $13.0-13.2
- Stop loss: $12.8
- Take profit 1: $13.8 (60%)
- Take profit 2: $14.0 (40%)
- Risk/Reward ratio: 1:3
2. Points to note:
- Wait for the price to test the support area and show a reversal candle
- Volume needs to increase when the price recovers
- If it breaks $13.0, cut losses immediately without waiting for the stop loss to be hit
- Do not open a short position at the current price level due to an unreasonable risk/reward
The market is in a highly volatile phase, so manage risk closely and avoid using high leverage.