UNI 4H — trendline rejection, downside still in play 👀
$UNI is trading around $3.42 and just faced another strong rejection at the descending trendline. This trendline has been guiding price lower for a while, and the latest reaction keeps the bearish structure intact for now.
📊 Key levels to watch:
• $4.583 → major resistance
• $2.845 → key support zone
• $6.450 → higher timeframe resistance
Right now, the chart suggests price may continue drifting lower after failing to hold the recent push, with $2.845 back in focus. As long as UNI stays below the trendline and the $4.583 resistance, sellers remain in control on this timeframe.
Simple view: trendline rejection → downside pressure continues unless bulls reclaim resistance.
#UNI #MacroInsights #AltcoinSeason #Bearish

UNI
3.22
-15.46%