⚖️ $UNI At the crossroads: Will we see a reflection or a collapse?
$UNI Now on the weekly frame, moving within a wide range after a long drop from the historical peak.
It has now reached a critical support area (5.2 – 4.3) that has proven its strength since 2022, and has begun to show behavior of "accumulation" rather than just a correction.
🔍 What makes this level important?
The yellow zone (5.2 – 4.3) has acted as a strong support for years.
There is an ascending weekly support line from the lows of 2022 → 2023 → 2024.
The weekly candles show strong rejection at the bottom, indicating active buying.
📌 Bullish scenario (activated as long as it stays above 5.2)
If the price maintains the yellow zone and starts closing above 5.2, the bullish scenario becomes the closest, especially if the next resistance range is broken:
- Medium resistance: 6.3 – 7.15
- Major resistance: 10.9
- Upper target: 18.35
👉 Breaking 10.9 may open the way for a very long upward phase.
📉 Bearish scenario (activated if support is broken)
If UNI breaks the weekly close below 4.3, the bearish scenario becomes stronger, with probabilities:
- 3.5 – 3.0
- In strong cases: 2.0 – 2.5
This means that failure of the accumulation area will lead to continued decline.
🔑 Summary:
$UNI is now at a long-term "decision point."
The next weekly candle will reveal the true direction:
If it stays above 5.2 → strong upward probability
If it breaks 4.3 → long downward probability
#UNI #UNIUSDT #CryptoTrading #AltcoinSeason #TechnicalAnalysis