$UNI Double Bottom Recovery Setup
Current Price: 7.018
Entry Zone: 6.90–7.08
Stop Loss: 6.75
TP1: 7.209
TP2: 7.554
TP3: 7.899
Market Analysis:
UNIUSDT is showing signs of a potential bullish recovery after forming a double-bottom structure around the 6.254 support region. The 1H chart highlights two significant reactions from the lower support area, suggesting that buyers are attempting to establish a stronger recovery base.
Currently trading around 7.018, UNI is consolidating after a sharp rebound from its recent low. The next important resistance stands at 7.209. A sustained breakout above this level could strengthen bullish momentum and open the way toward 7.554.
The major resistance near 7.820–7.899 remains the broader upside objective. However, buyers must gradually reclaim the intermediate resistance levels before expecting a larger move.
Confirmation: A strong 1H candle close above 7.209, supported by increasing volume, would strengthen the bullish recovery scenario.
Invalidation: A breakdown below the 6.254 support zone would invalidate the current double-bottom recovery structure.
UNI is approaching an important recovery phase. Patience and confirmation are essential before entering this setup.
Current Price: 7.018
Entry Zone: 6.90–7.08
Stop Loss: 6.75
TP1: 7.209
TP2: 7.554
TP3: 7.899
Market Analysis:
UNIUSDT is showing signs of a potential bullish recovery after forming a double-bottom structure around the 6.254 support region. The 1H chart highlights two significant reactions from the lower support area, suggesting that buyers are attempting to establish a stronger recovery base.
Currently trading around 7.018, UNI is consolidating after a sharp rebound from its recent low. The next important resistance stands at 7.209. A sustained breakout above this level could strengthen bullish momentum and open the way toward 7.554.
The major resistance near 7.820–7.899 remains the broader upside objective. However, buyers must gradually reclaim the intermediate resistance levels before expecting a larger move.
Confirmation: A strong 1H candle close above 7.209, supported by increasing volume, would strengthen the bullish recovery scenario.
Invalidation: A breakdown below the 6.254 support zone would invalidate the current double-bottom recovery structure.
UNI is approaching an important recovery phase. Patience and confirmation are essential before entering this setup.
