uni/usdt Weekly

Has it bottomed? There is a rebound, but the reversal is uncertain. Currently, the visible pressure level on the weekly chart is at $7.7,

followed by around $11.

The layout point for spot trading is not a big issue; the lowest price in this wave is around $4.5, which is also a point that has not been broken multiple times in history.

You can tell without looking at the MACD that the small cycle is definitely diverging; if you don't believe it, you can check the daily chart.

The extreme pullback and OB rebound is normal.

What do you think, can UNI break through the previous high of $19.5 this time?