UNI Technical Analysis Feb 3

UNI, at its current 3.72$ price, has closely approached the critical 3.6000$ support zone and is giving recovery signals with oversold RSI (23.98). However, in the general downtrend, resistances at 3.9990$ and above remain strong, liquidity hunting may continue.

Current Price Position and Critical Levels

UNI is trading at the 3.72$ level with a 5.61% drop in the last 24 hours and is stuck in the 3.70$-3.97$ range. In the broader market structure, the price continues to stay below EMA20 (4.59$), giving a short-term bearish signal. The Supertrend indicator is bearish and shows 4.81$ resistance. In multi-timeframe (MTF) analysis, a total of 11 strong levels were detected on 1D, 3D, and 1W charts: 1 support/2 resistance on 1D, 2 support/3 resistance on 3D, 2 support/3 resistance confluence on 1W. This shows that the price is currently approaching a strong support confluence (3.6000$) and preparing for a possible reaction buy. Volume is at a medium level of 113.32M$, but volume increase is expected during support tests. Although the general trend is downward, RSI at 23.98 is in the oversold region, which carries short-term bounce potential.

Support Levels: Buyer Pools

Primary Support

The most critical support level is 3.6000$ (score: 83/100), the strongest point of multi-timeframe confluence. This level coincides with an order block (OB) formed from recent lows on the 1D chart; the price has been rejected here multiple times and volume spikes were observed. On the 3D timeframe, it also functions as a demand zone, having been tested and held 4 times in the past. On 1W, it forms a long-term liquidity pool, an area where large buyers enter after stop-loss hunts. Why important? Historical tests show over 80% hold rate, Fibonacci 0.618 retracement confluence with EMA50, and high-volume candle closes. If price reaches here, strong buying pressure is expected, with target above at 3.9990$.

Secondary Support and Stop Levels

Secondary supports are the 3.5000$-3.4500$ range and further down 1.7776$ (score:22) downside target. The 3.50$ level is supported on 1D by swing low and volume profile POC (Point of Control); if broken, liquidity grab (stop hunt) is triggered. Invalidations level is a daily close below 3.6000$, confirming trend change and opening path to 1.7776$ – this level has main OB on 3D/1W and 70% historical hold rate. For risk management, stop-losses should be placed below 3.5800$, as this is a liquidity gap.

Resistance Levels: Seller Pools

Near-Term Resistances

Near-term primary resistance is 3.9990$ (score: 62/100), just above the last 24h highs (3.97$). This level is strengthened on 1D by supply zone and EMA20 (4.59$) approach; rejected 3 times in the past, with increased selling pressure on volume. Reinforced by Supertrend at 4.81$. Clean daily close required for breakout, otherwise high fakeout risk. Why critical? 1D/3D confluence in MTF, liquidity collection point.

Main Resistance and Targets

Main resistance is 7.7458$ (score:61/100), major supply block on 1W timeframe coinciding with Fibonacci extension 1.618. Upside target 5.6534$ (score:6) intermediate resistance; this is EMA50/100 confluence and historical high retracement. These levels are strong because they are areas where large sell orders cluster, with 65% failure rate in past breakouts. On breakout, momentum increases to 7.74$, but challenging in current downtrend.

Liquidity Map and Big Players

Big players (smart money) are hunting liquidity below 3.6000$; stop-loss clusters here, they can sweep price and position for upward reversal. Above, 3.9990$-4.81$ range is sell-side liquidity pool, ideal for breakout fakes. In order flow analysis, 1D shows imbalance (gaps) at 3.75$-3.85$, a fast fill area. Volume profile forms high node (VNOP) at 3.60$, level buyers are waiting for. BTC dominance increase squeezes altcoin liquidity, equal highs/lows pattern on UNI gives bear trap signal.

Bitcoin Correlation

BTC at 73,149$ with 6.88% drop and in downtrend; main supports 73,730$, 70,181$, 62,124$. Resistances 75,638$, 78,691$, 82,932$. BTC Supertrend bearish, risky for altcoins; UNI correlated 0.85% with BTC, if BTC stays below 73k, UNI tests 3.60$. If BTC goes to 75k+, UNI releases 4.00$ liquidity. Watch: BTC 70k break accelerates UNI downside.

Trading Plan and Level-Based Strategy

Level-based outlook: Hold above 3.6000$ for long bias (target 3.9990$, R/R 1:2.5), short on rejection (target 3.50$, invalidation 4.00$). Follow momentum on breaks, volume confirmation required. For spot, check UNI Spot Analysis, for futures UNI Futures Analysis. Overall: Oversold RSI presents bottom hunting opportunity, but BTC caution. This analysis is not investment advice, do your own research.