The post UNI Technical Analysis Jan 20 appeared on BitcoinEthereumNews.com.

UNI’s Volume Story: Participation Level Questions Conviction – Low-Volume Declines Accumulation or Trap? Volume Profile and Market Participation UNI’s last 24-hour volume came in at the 103.10 million dollar level, well below the recent 7-day average volume (approximately 180-220 million dollar range). While price shows a -1.50% decline at $4.92, this drying up in volume is noteworthy. Market participation is weak; even as the downtrend continues, selling pressure lacks volume support. According to volume profile analysis, volume nodes (POC – Point of Control) have formed in the $4.85-$5.45 range in recent weeks, but the current price is testing below these nodes. Low-volume sessions indicate retail-driven selling – big players may be sidelined. For a healthy downtrend, volume expansion is expected, but here it’s the opposite: volume decreases as price falls, signaling a lack of conviction. Comparatively, with price below EMA20 ($5.45), the value area low in the volume profile (around $4.62) forms strong support. Market participants are cautious; speculative selling dominates, with no institutional inflows yet. This suggests price cannot deepen further without volume – a classic ‘dry up’ volume pattern is observed. Accumulation or Distribution? Accumulation Signals Accumulation signals are clear: Volume has steadily decreased in recent declines, indicating sellers are exhausting. RSI at 34.69 approaches oversold territory, with clear volume divergence – price makes new lows while volume is lower than previous lows. In MTF volume context, there are 3 strong support levels on 1D and 3D timeframes (especially $4.62 score 77/100), and 2 supports on the weekly. This could mark the lower boundary of an accumulation box; like a ‘spring’ test in Wyckoff methodology. If volume picks up at $4.62 (e.g., 150M+), absorption confirmation arrives. Over the last 3 days, volume slightly increased on upticks, and despite overall drying up, volume spikes were observed at supports –…

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Filed under: News - @ January 20, 2026 3:29 pm