TradingOn

#UNFIUSDT #4h (ByBit) Rising wedge near breakdown

Short
TradingOn Updated   
BYBIT:UNFIUSDT.P   UNFIUSDT Perpetual Contract
Unifi Protocol printed an evening star and seems about to lost 200MA support, let's try a short.

⚡️⚡️ #UNFI/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.1%

Current Price:
4.5160

Entry Targets:
1) 4.5045

Take-Profit Targets:
1) 3.803

Stop Targets:
1) 4.856

Published By: @TradingOn

UNFI UNFIUSDT.P #Unifi #DAO unifiprotocol.com

Risk/Reward= 1:2.0
Expected Profit= +77.9%
Possible Loss= -39.0%
Estimated Gaintime= 1 week
Trade active:
⚡️⚡️ UNFIUSDT.P ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.1%

Entry Targets:
1) 4.5045 ✅

Take-Profit Targets:
1) 3.8030

Stop Targets:
1) 4.5045

Published By: @Zblaba

UNFI is breaking down and lost 200MA as forecast, time to secure the trade with SL at BE.

Trade closed manually:
ByBit USDT
UNFIUSDT.P Stop Target Hit ✅
Profit: -0.0% 📈

UNFI bounced (twice) on 50MA support around $4 then kicked us out at entry.


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