$UNI ‌ ‌UNI / USDT Analysis - Consolidating at 5.743 After 5.960 High, +11.84% 24h

UNI/USDT Spot (Uniswap) is trading at 5.743 +11.84%. 24h High 5.960, 24h Low 5.133, 24h Vol 2.60M UNI, Turnover 14.57M USDT. UNIUSDT Perp 5.744 +11.86%.

Performance: Today +10.21%, 7 days +36.45%, 30 days +36.06%, 90 days +106.36%, 180 days +43.18%, 1 year -38.02%.

The 1h chart shows two-leg uptrend from 4.473 low on 08/29. First leg to ∼5.8 on 08/30, pullback to 5.0-5.1 area on 08/31 where EMA30 held, second leg to 5.960 high on 09/01 with wick rejection. Current price 5.743 is consolidating just above EMA5/EMA10 cluster.

Support and Resistance Zones

Support:
1. 5.724 - 5.695 Zone - Immediate: EMA5 5.724 and EMA10 5.695 cluster. Price at 5.743 is just above this. This cluster held during the push to 5.960. 2. 5.501 - 5.392 Zone - Trend: EMA30 5.501 aligns toward Fib 0.382 at 5.392. This was the base for the second leg on 08/31 18:00. 3. 5.223 - 5.216 Zone - Key: 5.223 chart level and 5.122 purple dashed level, aligns with Fib 0.50 at 5.216. This was resistance on first leg and support on second leg pullback. 4. 5.133 - 4.791 Zone - Base: 24h Low 5.133 and Fib 0.786 at 4.791 near 4.746 chart level.
Resistance:
1. 5.960 Zone - Immediate: 24h High marked with long upper wick, double rejection area on 09/01. 2. 6.018 - 6.177 Zone: Yellow dashed 6.018 and 6.177 levels on right axis above high, extension targets.
Fibonacci Zones (4.473 low to 5.960 high)

Range: 1.487
• 0.236 retracement: 5.609 - just below current price, overlaps EMA10 • 0.382 retracement: 5.392 - overlaps EMA30 zone • 0.50 retracement: 5.216 - aligns with 5.223 chart level and 5.122 support • 0.618 retracement: 5.041 - golden pocket, near 24h low zone • 0.786 retracement: 4.791 - deep support
What To Watch
1. MFI 56.91 Neutral: MFI at 56.91 middle range. MFI was overbought near 90 on first leg to 5.8, dropped to oversold near 20 on pullback to 5.0, now at 56 neutral after second leg. No overbought pressure. 2. EMA Bull Stack Intact: EMA5 5.724 > EMA10 5.695 > EMA30 5.501 with rising EMA30. This order held since 08/31 base. Price at 5.743 above all three keeps 1h uptrend intact. A close below 5.695 would be first cooling signal. 3. Double Top Wick at 5.960: Two wicks at 5.960 show supply. However second pullback is shallow holding above 5.695 vs first pullback to 5.0, showing higher lows. This is constructive after +106% in 90 days.
In summary, UNI is consolidating after second leg to 5.960. Current 5.743 holding above EMA5/EMA10 at 5.724/5.695 keeps structure toward 5.960 retest and 6.018. Holding above 5.501 EMA30 / 5.392 Fib 0.382 is key. Losing 5.216 Fib 0.50 opens deeper retracement toward 5.133.