Looking at this $UNI USDT (1H) chart… that candle tells a story.
We had a clean sweep from around 3.21 straight up to 4.59 — a vertical move. That’s not organic trend growth. That’s a liquidity grab + aggressive momentum spike.
And what happened next?
Heavy rejection.
Multiple red candles.
Lower highs forming.
Now price is sitting around 3.35, almost back near the origin of the impulse.
Here’s what stands out:
• The 4.59 wick = clear blow-off top
• Sellers stepped in hard after the spike
• Structure right now = short-term bearish / cooling phase
• 3.21 is key support (previous low before the pump)
If 3.21 breaks, this move could fully unwind.
If buyers defend above 3.30 and reclaim 3.45–3.50, momentum could attempt another push.
Right now it’s not “explosion mode.”
It’s “decision zone.”
This is where patience matters more than excitement.
If you’re trading it: – Don’t chase wicks
– Wait for structure
– Watch volume on any breakout
The big move already happened.
Now the market decides who controls the next one.
