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« Last post by Ikhtiar on August 30, 2025, 10:42:55 PM »
Today I attempted to sell on Uniswap with a stop-loss at 9,771 and a take-profit at 9,561. On the M15 timeframe, Uniswap shows that after a significant decline, the price then moves in a consolidation pattern, tending to form lower highs and lower lows. This pattern indicates that buyers don't yet have enough strength to reverse the trend. Each time the price rises, a candlestick with a long upper tail appears, indicating strong selling pressure from market participants. This phenomenon further reinforces the view that sellers remain dominant in the short term.