UNIUSDT No Sitting on a Interesting Area 1. it's at the bottom area of daily ascending channel and did couple of Reactions to it and now bounced back from 50MA on daily So basically it's ready to meet $34.5 area
but we're touching the $29.5 resistance area (Yellow box), this Static resistance now is aligning with 50MA and 200MA as dynamic resistances on 4H Chart So need to break it to Being Bullish on it
If that happens I'm going to enter
Targets Are: $34-$35 area (TP1) / $42 (TP2)
Stop-loss: any 4H Candle close below the yellow box
NOTE: I don't recommend Entering now but if you're going to, stop-loss would be any Daily Candle close below $26 (RED box)