UNI/USDT – 30M – BUY

The UNI/USDT 30-minute chart has fired a cluster of bullish signals, led by a Trendline Break Up and a Fibonacci Break of the down-trend retracement level. This is reinforced by momentum oscillators (CCI, Stochastic, Williams %R) all exiting overbought conditions, suggesting the recent pullback has run its course. However, the broader picture remains bearish: the 1-hour, 2-hour, and 4-hour timeframes all show strong downtrends, and the daily trend is still forming lower. This creates a conflict between the short-term bullish reversal and the longer-term bearish bias.

Traders should watch the nearest resistance at 3.53000 as the immediate upside target; a break above this level would signal stronger bullish conviction. On the downside, the nearest support at 3.17100 is the critical invalidation zone—if price falls back below this level, the bullish signal loses validity. Given the moderate strength (65%) and the conflicting higher timeframes, this is best treated as a counter-trend bounce within a larger downtrend, not a full trend reversal.