UNI is trading around $4.724, testing a key support level. This area has historically acted as a floor, making it crucial for short-term direction.
Potential scenarios: 🟢 Rebound: If buyers defend $4.724, UNI could bounce toward $4.85–$5.00. 🟡 Consolidation: Price may hover between $4.72–$4.85 before choosing a direction. 🔴 Breakdown: A decisive move below $4.724 could trigger further declines, with next support levels around $4.50–$4.60. Indicators to watch: RSI: Near oversold → potential rebound signal MACD: Watching for bullish crossover Volume: Higher volume on bounce confirms strength ⚠️ Note: UNI remains volatile; manage risk carefully and monitor key levels closely.