#GateEventContractTradeSharingChallenge

The Event Contract Screenshot Challenge is still running and the first valid share continues to carry the 5 USDT fee rebate. New users also keep the up-to-5 USDT first-loss protection, and the daily rewards plus the 3-day lucky draw remain open. Here is the current UNI structure I am watching and sharing for the challenge.

Price is trading around 6.336 after a sharp 4.78 percent advance. The 9-period MA sits at 5.765 and the 50-period MA is much lower at 4.818. Bollinger Bands stretch from 4.604 on the downside to 6.203 on the upside, with the middle band near 5.404. Price has broken above the upper band and is testing the SRL resistance at 6.355. That level is the clear near-term ceiling. Support starts at the 9-period MA near 5.765, followed by the middle band at 5.404 and the deeper 4.818–4.604 zone.

RSI is at 79.56, firmly overbought on the 4-hour timeframe. MACD remains positive with the histogram still expanding, showing that momentum has not yet rolled over despite the stretch.

The bullish case is a clean hold above 5.765 and a subsequent break of 6.355. If the current momentum continues and volume stays elevated, the path of least resistance stays higher. In that scenario the entire 5.765–5.404 zone becomes the first support band on any pullback.

The bearish case starts with a failure to hold 5.765. A break back under that level on rising volume would likely target 5.404 and open the door toward 4.818. After a sharp vertical move and with RSI already extreme, some mean-reversion is normal once the immediate buying pressure fades.

I am treating 6.355 as the immediate upside pivot and 5.765 as the short-term trend filter. Until one of those levels resolves with volume, size stays measured. The structure is strong but stretched, so the next few 4-hour closes will decide whether this is continuation or a pause.

Are you sharing a similar long setup on UNI, waiting for a retest of 5.765, or already looking for mean-reversion under the 9-period MA? Drop your levels if you are in the challenge.

‍#UNI #EventContracts