UNIUSDT Perpetual – Descending Triangle Breakout Watch

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UNIUSDT Perpetual – Descending Triangle Breakout WatchUNI / TetherUS PERPETUAL CONTRACTBINANCE:UNIUSDT.PNakamotoZzzzUNIUSDT is currently testing the apex of a descending triangle pattern, with price compressing between a series of lower highs and a strong horizontal support near $7.13. This setup is a potential breakout trade in anticipation of bullish continuation. Trade Details: Position: Long Entry: $7.137 Stop Loss: $6.724 Take Profit: $9.013 Pattern: Descending Triangle Bias: Bullish Breakout Setup Rationale: Price has maintained key support despite downward pressure A breakout above the descending trendline may trigger a bullish reversal Volume likely to spike upon breakout confirmation Risk-to-reward ratio is favorable if trade is executed at breakout with tight stop Conclusion: This is a breakout anticipation play. Should price break and close above the trendline resistance, it may initiate a strong upside rally toward the $9 region.