$UNI I is forming a clear Falling Wedge on the 1H chart đđ
Price is consolidating inside the wedge around $8.50â$10.00, with lower highs and lower lows creating a tightening structure. The recent bounce from the lower boundary shows buyers defending the support zone.
A clean breakout above the upper wedge trendline could trigger a strong reversal toward the chart target near $11.50 đ„. Until then, the wedge remains a compression setup
Price is consolidating inside the wedge around $8.50â$10.00, with lower highs and lower lows creating a tightening structure. The recent bounce from the lower boundary shows buyers defending the support zone.
A clean breakout above the upper wedge trendline could trigger a strong reversal toward the chart target near $11.50 đ„. Until then, the wedge remains a compression setup
