⚡️ Market / Price Context
UNI has spent years under sustained pressure and is now trading near levels that were highly relevant before the 2021 altcoin rally. This long-term positioning places the asset in a significant technical zone where market participants are looking for signs of accumulation and renewed strength.
📈 Chart Explanation
The current weekly structure suggests that the market may still be completing a Spring (S) phase. This stage often serves as a final test of demand before a broader recovery can develop. At the same time, the first descending trendline remains an important technical barrier that could determine the next directional move.
🎯 Entry Decision
A confirmed move above the initial descending trendline would strengthen the recovery thesis and indicate growing buyer participation. Until that occurs, traders should remain cautious, as the Spring phase may not be fully completed.
💰 Execution Plan
The primary focus is on monitoring buyer activity around current levels. If bullish momentum increases, the anticipated Last Point of Support (LPS) could attract additional demand. If not, further downside movement may remain part of the broader Spring structure.
📈 Outlook
UNI remains at a decisive stage on the weekly timeframe. A breakout above trendline resistance would support a recovery scenario, while continued weakness could extend the Spring phase before a larger move develops.
