$UNI /USDT – 15m Chart Read
UNI just delivered a strong momentum expansion from the 5.78–5.80 base, where buyers defended the zone aggressively and forced a clean reclaim of short-term structure. That impulse leg shifted control back to buyers and changed the immediate tape.
Price is now consolidating around 5.93–5.97, sitting just below the recent push high. This is a classic digestion phase after expansion, with shallow pullbacks showing sellers lack follow-through. The structure still favors higher lows rather than distribution.
Overhead, resistance is stacked near 6.02, followed by the 6.08–6.12 area, where supply previously capped the move. A clean acceptance above 6.02 would signal continuation and keep late sellers under pressure.
Bias remains bullish on the 15m timeframe. As long as price holds above reclaimed averages, the continuation bias stays intact and buyers remain in control of the tape.
Caution: A sustained loss of 5.85 would weaken the bullish structure, invite deeper rotation, and signal that momentum is stalling. Until then, buyers have the edge and the tape favors consolidation over reversal.
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