UNI has been overall bullish, trading above the rising blue trendline and maintaining its broader bullish structure.
Right now, price is consolidating after its latest impulse, and the last minor high around $6.50 is the key level for the bulls.
A clear break above this red resistance would confirm that buyers are taking control again and could activate the next bullish impulse.
On the other hand, if UNI breaks below the rising blue trendline, the bullish structure would weaken, and a deeper bearish correction toward the green demand zone around $4.20–$4.70 could follow.
📌 Two levels, two scenarios. Let price confirm the next move.
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and wait for proper confirmation before entering a trade.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
