#UNI is at $3.519 on the 4H and the last two days have been ugly. After ranging between $3.20 and $4.30 for nearly four weeks with no real direction, price broke down hard on March 17th — dropping from $4.10 to $3.50 in just a few candles. That's a significant move out of a range that had been holding for most of February and early March.

The grey demand zone at $3.20–$3.40 is the last meaningful floor before things get more serious. Price is heading straight toward it right now and the projected move shows a touch of that zone before any recovery attempt. That zone held the February lows twice and is the only structural support left between here and $3.00.

The grey supply zone at $4.10–$4.20 overhead is now the ceiling. That's where the breakdown accelerated from and any bounce toward it will likely face heavy selling. Reclaiming it on a 4H close would be the first real sign the damage is being repaired — but that feels like a distant conversation while price is still falling.

What to Watch

Key support: $3.20–$3.40 grey demand zone
Key resistance: $4.10–$4.20 grey supply zone
Liquidity zone: $3.519 — range floor breakdown level
Confirmation: Hold above $3.20 on the 4H for bounce setup, 4H close back above $3.80 signals recovery beginning


$UNI broke down from a range that held for almost a month and is heading toward the last real support at $3.20–$3.40. How it reacts there will determine whether this is a flush before recovery or the beginning of a deeper move. The grey zone is everything right now.