$UNI was $18 in December. It's $3.21 today. And the next 7 days are critical. 🦄
Chart is brutal. 1D full 5-wave impulse down from September highs, blue wave (c) completed around October crash. Then a brief recovery to $8.50 in November immediately rejected. Eight straight months of lower highs.
UNI is trading precariously just above $3.00 support. A daily close below that level could trigger stop-losses and a sharp decline.
But here's the bull case the UNIfication proposal burned 100M UNI tokens and permanently activated a fee-burn mechanism, creating a direct deflationary link to protocol usage. That's real tokenomics improvement.
Also: the CLARITY Act, which would clarify rules for DeFi, faces a critical deadline in May 2026.
Passage = massive catalyst.
My read for next days:
Hold 3.00 = bounce to 3.80
Lose 3.00 = 2.60 next stop
📍 Entry: 2.90–3.10 | 🎯 TP: 3.80 | 🛑 SL: 2.55
Structural low or final flush incoming.