The chart structure $UNI signals the formation of a local bottom amid bullish divergence on the 4H timeframe.
A move back above $7.20 shifts attention to targets at $7.70–$7.80 and $8.10, with the $8.45–$8.60 area remaining the main point of reference.
Risk management for this scenario hinges entirely on holding support at $7.10–$7.20.
As long as bulls hold this level, the likelihood of further recovery remains high.
A move back above $7.20 shifts attention to targets at $7.70–$7.80 and $8.10, with the $8.45–$8.60 area remaining the main point of reference.
Risk management for this scenario hinges entirely on holding support at $7.10–$7.20.
As long as bulls hold this level, the likelihood of further recovery remains high.