【$UNI Signal】1H Oversold Rebound Play, Sniping Support at Lower Boundary of 4H Downtrend Channel

$UNI The 1H timeframe experienced a sharp decline with increased volume at 3.487, followed by a quick recovery, forming a long lower shadow, indicating that short-term selling pressure was quickly absorbed. Currently, the price is hovering around the 1H EMA50 (3.533), RSI 1H (43.66) is near oversold levels, suggesting a technical rebound is likely. The 4H timeframe remains within the downtrend channel, but the latest candlestick closed above the previous low of 3.487, without a confirmed break below, indicating a potential consolidation zone in the short term.

🎯Direction: Long (Pullback to Entry)

🎯Entry/Order: 3.515 - 3.525 (Reason: 1H EMA50 support zone + lower edge of the previous hour’s candlestick body)

🛑Stop Loss: 3.480 (Reason: Break below the previous low of 3.487 confirms downward continuation)

🚀Target 1: 3.620 (Reason: Resistance at the previous small platform high on the 4H level)

🚀Target 2: 3.670 (Reason: Intersection of the previous high on the 1H level and the 4H EMA20)

🛡️Trade Management:

- Position Size: Light (Reason: 4H trend remains bearish, this is a rebound play against the small trend within the larger trend)

- Strategy: After entering, if the price quickly rebounds to around 3.58, move the stop loss up to the entry price. Upon reaching Target 1, reduce position by 50%, and move the remaining stop loss to 3.58 to aim for Target 2.

Deep Logic: Open interest (OI) remains stable and has not decreased significantly with the price drop, indicating that bears have not exited in large numbers, nor have they added heavily. The order book shows heavy sell orders in the 3.53-3.54 range, which is the first short-term resistance. The buy/sell ratio on the 1H chart in the latest candlestick reached 0.60, indicating active buying pressure, possibly a short-term reversal signal. Combined with ATR (0.1026), the risk-reward ratio is approximately 1.5, fitting short-term sniper criteria.

Trade here 👇 $UNI

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