$UNI is stabilizing after the drop to 5.652 and I am watching this closely because buyers stepped in right at that reaction zone and started defending it with steady pressure. The 1h candles are forming a small base with controlled higher lows which shows early signs of momentum trying to shift after the extended pullback. Selling pressure has clearly slowed down near this level.
If this structure holds the next bounce becomes possible with a clean push.
Here is my full setup from this chart.
Entry Point
5.78 – 5.66
Target Point
TP1: 5.95
TP2: 6.12
TP3: 6.28
Stop Loss
5.60
It is possible because every dip near 5.66 is getting absorbed quickly and sellers are failing to push price below the base. If $UNI stays above this support zone the move toward 5.95 becomes the natural first step before momentum attempts the higher targets.
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UNI
5.742
-2.23%