UNI Technical Analysis Jan 23
The post UNI Technical Analysis Jan 23 appeared on BitcoinEthereumNews.com.
UNI is currently trading at $4.86 and is quite close to the $4.77 support, which is the intraday low. Under downtrend pressure, RSI at 36 is approaching the oversold region, carrying short-term recovery potential, but the $5.26 resistance is critically important. Current Price Position and Critical Levels UNI has experienced a 24-hour drop of %1.58 to $4.86 within the overall downtrend structure. The price continues to stay below EMA20 ($5.30), giving a bearish short-term signal. The Supertrend indicator points to $5.84 resistance, while a total of 12 strong levels have been identified across 1D/3D/1W timeframes: 2 supports/2 resistances on 1D, 2 supports/1 resistance on 3D, and 2 supports/4 resistances on 1W confluences. This MTF confluence strengthens the levels. Volume remains low at $83M, indicating that big players are waiting for liquidity hunting. The price is trapped in the $4.77-$4.95 range, and a breakout is expected. Support Levels: Buyer Zones Primary Support $4.7732 (Strength Score: 61/100) – This level stands out as the 24-hour low and forms a strong order block (OB) on the 1D timeframe. Why important? Historically tested twice (early January and yesterday), rejected each time with volume increase. It coincides with 1D EMA50 ($4.78), signaling that buyers see this as a liquidity collection zone. It overlaps with 3D support in multi-timeframe analysis. As price approaches here (only %1.8 away from current $4.86), long wicks and volume spikes should be expected. A break could clear liquidity for stop hunting. Secondary Support and Stop Levels $4.5360 (Strength Score: 73/100) – The strongest support zone, showing confluence with 1W supply/demand zone and Fibonacci 0.618 retracement level. Why critical? Tested 4 times in the last 3 months, each test delivering %5+ bounce (e.g., end of December 2025). 3D OB and high-volume buyer traces are present. As secondary support, if $4.7732 breaks, this…
Filed under: News - @ January 23, 2026 2:26 pm