$UMC | Monthly Structure Outlook (WaverVanir DSS View)

📈 UMC | Monthly Structure Outlook (WaverVanir DSS View)

United Microelectronics Corp is shaping an interesting long-term structure.
After years of compression, we’re now seeing price hovering just above the long-term base near $5.84 — a critical liquidity floor that has held since 2022.

🔹 Chart Context

Structure: Descending wedge breakout forming on the 1M timeframe

Fibonacci Retracement: 0.618–0.786 levels (≈ $8.46–$10.32) are immediate resistances

Expansion Targets:

1.236 → $15.29

1.382 → $16.93 (major macro target)

1.618 → $19.50 (extension zone)

🔹 Macro Bias (VolanX DSS Projection)
If macro tailwinds continue to support semiconductor demand and liquidity cycles expand, UMC could stage a large cyclical recovery.
However, a monthly close below $5.84 would invalidate this bullish thesis and suggest deeper structural weakness.

🔹 Thesis Summary

Bullish confirmation: Breakout + retest of red trendline

Bearish invalidation: Monthly close under $5.84

Long-term projection: $16.93+

Timeframe: 12–24 months

⚙️ Chart generated with VolanX DSS (AI model blend: Fibonacci + Macro Flow).
🧠 For educational use only. Not financial advice.