$UNI A strong impulsive move was made from the 3.24 area straight to near 4.5, grabbing clear liquidity + breakout.
Now the price is retracing and consolidating at the 3.80 zone.
๐ Current Price: 3.80
๐ Immediate Support: 3.75 โ 3.80 zone
๐ Resistance Zones: 4.06 โ 4.36 โ 4.58
EMA200 (3.47 area) is now acting as dynamic support, which supports the short-term bullish bias.
Scenario Planning:
๐น Bullish Case:
If the 3.75โ3.80 demand holds, the next leg could be a retest of 4.06 resistance.
If 4.06 breaks, 4.36 and then 4.58 liquidity zone targets can be established.
๐ป Bearish Case:
If 3.75 has a clean break, a deeper pullback to EMA200 (3.47) is possible.
Currently, the structure is building a range after the impulse.
Consolidation after an impulse is healthy as long as support is not lost.
Entry is better when looking at volume and reaction.
