#UNIWatch #NovemberMarketAnalysis
### 1. **Technical Overview of UNI/USDT**
Let's assume you’re trading on a 4-hour timeframe, looking for swing trading opportunities. We'll focus on recent support and resistance levels, trendlines, and moving averages for validation.
### **Long Position Strategy**
- **Entry:** If UNI breaks above the recent resistance around $4.30 and retests it as support, consider entering a long position.
- **TP1:** $4.50 — for a conservative target, which aligns with minor resistance.
- **TP2:** $4.80 — for a more aggressive target, as this is a stronger resistance level.
- **SL:** $4.10 — set slightly below recent support to limit downside risk.
- **Trade Duration:** 3-7 days, depending on price movement and momentum.
### **Short Position Strategy**
- **Entry:** If UNI breaks below recent support at $4.10, look for a confirmed breakdown and potential retest to enter short.
- **TP1:** $3.90 — a conservative target based on immediate support.
- **TP2:** $3.70 — an extended target, where stronger support may be anticipated.
- **SL:** $4.30 — set just above recent resistance to limit potential losses.
- **Trade Duration:** 2-5 days, based on the strength of the downward momentum.
### **Contingency Planning (Plan A, B, C, D)**
**Plan A** — **Trend Continuation**
- If the trade moves in your favor and reaches TP1, consider scaling out a portion of the position and moving your SL to breakeven.
- For longs, trail the SL slightly below higher lows to lock in profits. For shorts, trail SL slightly above lower highs.
**Plan B** — **Partial Exit if Momentum Weakens**
- If price approaches TP1 but shows signs of reversal (e.g., bearish divergence on RSI for longs or bullish divergence for shorts), consider exiting partially and tightening SL.
- This way, you secure some gains and reduce exposure if a trend reversal happens.
**Plan C** — **Exit with Minimal Loss**
- If the price hits your entry level after making a small movement in your favor but lacks momentum, consider exiting with a minimal gain or loss.
- Reassess market conditions before re-entering.
**Plan D** — **Counter-Trade Setup**
- If price reverses and hits SL, look for a reversal signal (e.g., candlestick patterns, RSI oversold/overbought) and consider a counter-trade. For example, if your long position is stopped out at $4.10, watch for potential short entries.