$UNITREE is showing a sharp rebound, but the structure remains fragile after the drop from 131.07 to 113.32.
Price has recovered above the 120.60 EMA(7), while rising volume supports the bounce. Open Interest climbed strongly, showing fresh positions entering as price recovered.
Key resistance sits around 124.15–125.00, with 128.05 above. Support is near 120.24, then 116.34 and 113.32.
The biggest risk is crowded positioning: Open Interest remains elevated while the rebound is still unconfirmed. Buyers need sustained volume to regain control.
Price has recovered above the 120.60 EMA(7), while rising volume supports the bounce. Open Interest climbed strongly, showing fresh positions entering as price recovered.
Key resistance sits around 124.15–125.00, with 128.05 above. Support is near 120.24, then 116.34 and 113.32.
The biggest risk is crowded positioning: Open Interest remains elevated while the rebound is still unconfirmed. Buyers need sustained volume to regain control.