UNI/USDT Crucial area. Could Break this area or rejected ??

💎 UNI has recently demonstrated notable market dynamics, currently encountering resistance in the supply and Bearish Order Block (OB) area.

💎 A breakout above this zone is necessary for sustained upward movement, probability leading to significant price appreciation and the attainment of our target area.

💎 However, if UNI fails to break out above the supply area, it may face rejection and retreat to the support zone around 5.61 to gather new bullish momentum.

💎 Upon reaching the support area, UNI needs to bounce back upwards to resume its upward trajectory and attempt to breach the supply zone once again.

💎 Should UNI break below the support level, it would signal a shift in market sentiment towards bearishness, potentially leading to further downward movement towards the demand area or even lower.

Trade closed: target reached:

Spot on again! #UNI has climbed 73.92%!