Good day everyone, let's consider a scenario for the UNIUSDT instrument on a futures contract.
Globally wewe are in a downtrend and at the momenthung in the consolidation channel, ideally consider entry points for selling, since our trend is downward. In this case, the ideal entry point into the market will be from the higher resistance level (5.7), which was formed quite recently, there was not a single test of this mark (5.7), which is a good sign to enter from this resistance. It would also be reasonable to place a stop loss beyond this level and make it not large, the take profit exit point will be at the support level to which the price is now striving!
#UNIUSDT
SELL LIMIT 5.6
STOP LOSS 5.9
TAKE PROFIT 4.82
