🔎 $UNI has recovered from its recent low, with hourly candles now consolidating below the range ceiling.
💵 Price: $7.463 (+8.8% / 24h). Last completed 1H close: $7.475.
📈 Above $7.634: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
📉 Below $6.83: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
💡 Since the previous post, hourly closes broke the old floor and remain below it. None crossed the old ceiling, so the earlier upside condition was not met.
🕒 Binance spot · 16 Oct, 12:10 UTC
Educational analysis.
#UNI #PriceAction #TechnicalAnalysis
💵 Price: $7.463 (+8.8% / 24h). Last completed 1H close: $7.475.
📈 Above $7.634: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
📉 Below $6.83: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
💡 Since the previous post, hourly closes broke the old floor and remain below it. None crossed the old ceiling, so the earlier upside condition was not met.
🕒 Binance spot · 16 Oct, 12:10 UTC
Educational analysis.
#UNI #PriceAction #TechnicalAnalysis