⚔️ Battle of $UNI : Resistance pressure faces the stubborn support! 🧐

Currently, $UNI is moving within an interesting "Squeeze" structure on the 6-hour frame, where the price is confined between a descending resistance line and a gradually rising support. 📉

🔍 Technical scene details:

- Defense areas: Buyers are desperately trying to protect the 3.45–3.50$ area, which is the base that maintains the higher lows structure. 🛡️

- Rejection areas: We witnessed strong selling at 4.10–4.20$ levels, reinforcing the strength of the descending resistance.

🎯 Upcoming scenarios:

1. Bullish recovery: Returning above the 3.70–3.80$ levels immediately opens the way to test the upper resistance at 4.10$ again 🚀.

2. Negative scenario: Breaking below 3.35$ will completely negate the positive outlook and take us back to test the 3.15$ lows.

💡 Summary:

The range is tightening now, and the true breakout from this structure will determine the next direction. Watch the closures carefully! 🛡️

UNI
UNIUSDT
3.353
-0.76%

#UNI #Uniswap #BinanceSquare #TechnicalAnalysis #DeFi