$UNI either reclaims 3.314 to invalidate the bearish leg, or the relief bounce is just mitigation before another sweep of 3.162. The 1h chart shows repeated downside BOS, with price now trading in discount after sweeping sell-side liquidity at 3.162. Smart money drove the aggressive drop and engineered only a weak bounce. Rallies into 3.314-3.367 look like supply zones. Unless 3.314 is reclaimed, expect a rotate back toward the 3.162 low for another liquidity grab. Invalidation sits at 3.367; below that, bearish momentum intact. Think the bounce has legs, or do we see a retest of 3.162? More daily charts like this in the group, see my bio for the link. #Altcoin Season#