UNI Technical Analysis Feb 9
The post UNI Technical Analysis Feb 9 appeared on BitcoinEthereumNews.com.
UNI is positioned in a critical squeeze zone at the $3.50 level; while the RSI giving an oversold signal below 30 carries upside potential, the overall downtrend and bearish MACD continue to act as pressure factors. Both scenarios are supported by MTF levels, and traders need to monitor triggering breakouts. Current Market Situation UNI is trading at the $3.50 level with a slight 1.25% increase over the last 24 hours, with the daily range limited between $3.31 – $3.58. Volume is at a moderate 73.03M$, but the overall trend continues as a downtrend. Technical indicators show RSI at 30.15 signaling the oversold zone, while MACD maintains bearish momentum with a negative histogram. Price is trading below EMA20 ($4.10) and Supertrend is giving a bearish signal, with resistance positioned at $4.49. In MTF analysis, 10 strong levels were identified across 1D/3D/1W timeframes: 2 supports/1 resistance on 1D, 1S/1R on 3D, and resistance-dominant pressure with 2S/5R on 1W. Critical supports are at $3.4370 (score 63/100) and $2.8450 (70/100), with resistance at $3.6949 (68/100). This structure places UNI in an unstable consolidation point; while oversold conditions offer short-term recovery opportunities, higher timeframe resistances may limit upward movements. Scenario 1: Bullish Scenario How This Scenario Plays Out? For the bullish scenario, a clear break and close above the $3.6949 resistance is required first. RSI bouncing from oversold to gain momentum toward 50 levels, and MACD histogram approaching the zero line confirms positive momentum. Breaking above EMA20 ($4.10) confirms the short-term trend change, while Supertrend flipping to bullish provides additional validation. A significant volume increase (daily 100M$+) and a strong green candle formation on 1D indicate the breakout’s sustainability. In MTF, overcoming resistances on 1W timeframes (e.g., $4.49), combined with an altcoin rally, strengthens the scenario. Bitcoin testing its $72.015 resistance could bring rotational buying…
Filed under: News - @ February 10, 2026 12:27 am