UNIUSDT Perpetual – Descending Triangle Breakout Watch
UNIUSDT is currently testing the apex of a descending triangle pattern, with price compressing between a series of lower highs and a strong horizontal support near $7.13. This setup is a potential breakout trade in anticipation of bullish continuation.
Trade Details:
Position: Long
Entry: $7.137
Stop Loss: $6.724
Take Profit: $9.013
Pattern: Descending Triangle
Bias: Bullish Breakout
Setup Rationale:
Price has maintained key support despite downward pressure
A breakout above the descending trendline may trigger a bullish reversal
Volume likely to spike upon breakout confirmation
Risk-to-reward ratio is favorable if trade is executed at breakout with tight stop
Conclusion:
This is a breakout anticipation play. Should price break and close above the trendline resistance, it may initiate a strong upside rally toward the $9 region.
Trade Details:
Position: Long
Entry: $7.137
Stop Loss: $6.724
Take Profit: $9.013
Pattern: Descending Triangle
Bias: Bullish Breakout
Setup Rationale:
Price has maintained key support despite downward pressure
A breakout above the descending trendline may trigger a bullish reversal
Volume likely to spike upon breakout confirmation
Risk-to-reward ratio is favorable if trade is executed at breakout with tight stop
Conclusion:
This is a breakout anticipation play. Should price break and close above the trendline resistance, it may initiate a strong upside rally toward the $9 region.
Trade ativo
Move Stop LOSS to Entry. Free of Risk.
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.