#UNIUSDT (4H)
UNI has been ranging since the drop from the 10.94 high. Price bottomed at the 6.00 area, then recovered and is now pushing through the lower VWAP near 7.45.
What the chart shows:
Price is attempting to reclaim the lower red VWAP, which has acted as resistance throughout the downtrend.
The anchored VWAP from the recent low (~6.9) is rising underneath and holding every pullback. Buyers are defending it.
A series of higher lows has formed since the late-October wick to 6.25.
The upper red VWAP (~8.1) is the first major resistance above.
9.029 is the POC of the Sep range, the price with the most traded volume. It is the first major target.
Trade plan (long):
Entry: current area (7.4 – 7.5), ideally on a retest of the lower VWAP after the reclaim
Stop loss: 6.803, below the rising VWAP and the recent higher low
First TP: 9.029
R/R: about 2.3 from the current price
Expected path:
Reclaim of the lower VWAP, then a retest from above.
Move toward the upper VWAP at ~8.1, where a reaction and consolidation are likely.
A break of the upper VWAP opens the way to 9.03.
Invalidation:
A 4H close below 6.80 breaks the higher-low structure and the setup is off.
Good to know:
Uniswap is still the leading DEX by volume and brand, with deep liquidity across chains.
The fee switch and burn mechanism tie protocol revenue to UNI demand.
Unichain and the v4 upgrade expand the ecosystem and the use cases.
DeFi sectors tend to lead when market liquidity improves.
Not financial advice. Manage your risk.
