📉 $UNI IN DOWNTREND — BUT WATCH THIS ZONE 👀

UNI/USDC is trading around $5.23 after a steady bleed from the $10+ peak.

Market structure is still bearish, but price is now sitting at a key demand area.

🔍 What the chart shows:

‱ Price below MA(25) & MA(99) → macro trend still weak

‱ Lower highs + lower lows → sellers in control

‱ Recent low near $4.85 acting as short-term support

‱ Volume declining → selling pressure slowing

⚠ Scenarios to watch:

‱ ❌ Lose $4.80 → next leg down likely

‱ ✅ Hold $4.80–$5.00 & reclaim $5.65 → relief bounce possible

‱ Real trend flip only above $6.80–$7.00

🧠 Trader mindset:

This is not bullish yet — it’s a patience zone.

Smart money waits for confirmation, not hope.

📊 Downtrend
 but the reaction here matters.

👇 Are you buying this dip or waiting for confirmation?

#UNI #uniswap #CryptoTrading #Altcoins #TechnicalAnalysis

UNI
UNI
3.48
+5.51%