⚠️ Coin $UNI rejects the local top and is preparing for a corrective decline wave
🔴 Technical direction: clear bearish rejection at the previous local top after a sharp impulsive rise
📍 Monitoring zone: 5.65 – 5.85
🎯 Corrective price targets:
• Target 1: 5.429
• Target 2: 5.269
• Target 3: 5.098
❌ Invalidate the scenario: a 4-hour candle close above 6.050
💡 Technical rationale: the price formed bearish red candles with upper wicks after touching 6.000 levels, alongside the oscillator being in the overbought area, and the presence of a sharp overbought alert, with the bias shifting toward strong bearishness and the momentum indicator turning neutral.
🔴 Technical direction: clear bearish rejection at the previous local top after a sharp impulsive rise
📍 Monitoring zone: 5.65 – 5.85
🎯 Corrective price targets:
• Target 1: 5.429
• Target 2: 5.269
• Target 3: 5.098
❌ Invalidate the scenario: a 4-hour candle close above 6.050
💡 Technical rationale: the price formed bearish red candles with upper wicks after touching 6.000 levels, alongside the oscillator being in the overbought area, and the presence of a sharp overbought alert, with the bias shifting toward strong bearishness and the momentum indicator turning neutral.
