$UNI is holding above a key support zone around $5.70–$5.90 after the recent pullback.
The structure still looks constructive on the 4H chart. If this zone continues to hold, I’d be watching for UNI to reclaim the recent highs and push toward the $7.20–$7.40 area.
For me, the key is the reaction from support.
A clean bounce would keep the bullish setup intact, while losing the zone could invalidate the move. #Uniswap #DeFi #Bullish
The structure still looks constructive on the 4H chart. If this zone continues to hold, I’d be watching for UNI to reclaim the recent highs and push toward the $7.20–$7.40 area.
For me, the key is the reaction from support.
A clean bounce would keep the bullish setup intact, while losing the zone could invalidate the move. #Uniswap #DeFi #Bullish
