$UNI This short-term move has clearly weakened.
On the 1-hour timeframe, the price has broken below the rising trendline,
and the MACD is also continuing to weaken.
What I care about most now isn’t how much the rebound will be,
but whether the 4-hour timeframe can hold around $8.5.
This level has seen support multiple times before,
and it’s also the key support I’ve been watching.
If $8.5 holds, there’s a chance for the structure to repair.
If $8.5 breaks down, then we need to reassess.
$UNI
This does not constitute investment advice.
On the 1-hour timeframe, the price has broken below the rising trendline,
and the MACD is also continuing to weaken.
What I care about most now isn’t how much the rebound will be,
but whether the 4-hour timeframe can hold around $8.5.
This level has seen support multiple times before,
and it’s also the key support I’ve been watching.
If $8.5 holds, there’s a chance for the structure to repair.
If $8.5 breaks down, then we need to reassess.
$UNI
This does not constitute investment advice.
