UNI has experienced a slight surge recently, but the subsequent pullback is unsettling. Judging from the 4-hour chart, the price of UNI continues to fall after the high of $15, forming an obvious short trend. The current market is weakening and the stability is low in the short term.
The short atmosphere is strong, and the MA moving average crosses
The short-term MA moving average is always below the price, and technical indicators show that the price is still in the area dominated by shorts. For short-term investors, the risk of this downward trend is still greater. If you are still considering entering the market, be cautious! Whether there will be a rebound within the larger cycle still requires more observation.
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