$UNI – 4H Chart Analysis
Uniswap is trading near $5.39, slightly up around +0.2%, as price continues to move sideways after a strong correction from recent highs.
Price Action • Intraday High: $5.46
• Intraday Low: $5.25
• Previous swing high near $6.20 faced heavy rejection
• Recent bounce formed from the $5.20 demand zone
What’s Driving the Move • Selling pressure cooled after the sharp drop
• Buyers stepped in near $5.20, showing demand
• Volume remains average, signaling consolidation
• Market structure shows lower highs, limiting upside for now
Key Levels • Support: $5.20, then $5.00
• Resistance: $5.60, then $5.85
Trend & Bias • Short-term trend: Bearish to sideways
• Momentum is weak, but downside is slowing
Trade Idea • If $UNI holds above $5.20 and breaks $5.60, price could push toward $5.85
• A loss of $5.20 may open room for a move toward $5.00
Summary $UNI is consolidating after a deep pullback. Buyers are defending support, but a clear break above resistance is needed to shift momentum. Until then, price may continue to range with controlled volatility.
