$UNI —the rise needs to reclaim 8.3

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$UNI Over the past seven completed days, the price has fallen by approximately 14.5%; the previous upper zone is no longer holding.

A daily close above 8.3 and holding that level on a pullback would strengthen the scenario of a recovery to 9.3—the recent local high.

A daily close below 7.0 would invalidate the hypothesis that the nearest support base will hold. Until 8.3 is reclaimed, the rise remains a bounce following the decline.