🚀$UNI Technical Analysis — Reversal Brewing or Just a Relief Rally🤔🔐👇

📍 Current Price: $6.13

🕐 Timeframes Observed: 1H & 4H

💹 Market Mood: Early signs of accumulation, but not full conviction yet.

🔎 1H Chart Observations:

After testing the local bottom near $6.00, $UNI reclaimed both the 20 EMA and the 50 EMA ($6.07 & $6.10), showing short-term strength.

RSI is holding above 55, indicating slight bullish momentum, but no aggressive push yet.

MACD flipped bullish with a fresh crossover — early signal of buyer activity stepping in.

Recent higher low formation is a good sign of structure recovery, hinting at short-term bullish continuation if $6.10 holds.

🔎 4H Chart Deep Dive:

Price is in a retracement bounce after a week-long downtrend. Current action looks like a mid-range consolidation, not a confirmed trend reversal (yet).

RSI at 46.41 still shows market hesitation — this needs to reclaim 50+ range to shift sentiment clearly in bull favor.

$UNI Price is also trapped below 200 EMA (around $6.27), which has acted as dynamic resistance in recent attempts.

MACD histogram is flattening but not convincingly bullish, meaning momentum is building but still fragile.

💬 Market Thinking:

Bulls are stepping in around $6.00 psychological level, forming a base of support.

However, the rejection wicks around $6.20–$6.25 show sellers are still defending higher levels aggressively.

Whales likely accumulating quietly, as reflected in stable RSI and low-volume tests of highs without panic selling.

📈 Key Levels to Watch:

🔼 Breakout Zone: $6.27–$6.46 (EMA & horizontal resistance cluster)

🟩 Buy-on-Retest Zone: $6.02–$6.10

🔻 Major Support: $5.90 (previous demand wick)

🎯 Short-Term Plan (Scalp/Intraday):

If price flips and closes above $6.27 on 4H, expect a fast move toward $6.50+

Ideal entry: $6.10–6.12 zone with tight SL below $6.00

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