UNIUSDT Perpetual Swap Contract (4H - OKX) Analysis
2025-01-30
Category: None

UNIUSDT Perpetual Swap Contract (4H - OKX) Analysis

1. Trend Analysis
Overall Bearish Trend:

UNI has been in a strong downtrend, forming lower highs and lower lows.
The price is still below EMA 50, EMA 100, and EMA 200, confirming bearish momentum.
A Break of Structure (BOS) occurred earlier, reinforcing the downtrend.
Potential Reversal Signals:

The price bounced off the demand zone (around 10.22 USDT) and is attempting a recovery.
It is now testing EMA 20, and if it can break above EMA 50, a short-term reversal may be confirmed.
A successful break of 12.158 USDT (TP1) could push price higher towards EMA 50 and 100.

2. Key Resistance & Support Levels
Resistance Levels:

12.510 USDT (EMA 50 & local resistance) → Immediate resistance that UNI must break to continue higher.
13.302 - 13.590 USDT (EMA 100 & Fib 0.618) → If price reaches here, expect stronger resistance.
14.680 - 15.037 USDT (Fib 0.786 & EMA 200) → A major resistance zone. If broken, UNI could enter a bullish trend reversal.
Support Levels:

11.098 - 10.922 USDT (Demand Zone & Previous Bounce Area) → Strong support where buyers stepped in.
10.22 USDT (Entry Level from Demand Zone) → If price retests this level, it must hold to prevent further downside.
9.066 USDT (SL Level) → If UNI breaks below this level, further downside is expected.

3. Risks & Concerns
Low Volume on Bounce:

The price has bounced, but volume remains weak, meaning this could be a short-lived recovery.
UNI needs a strong volume breakout above EMA 50 to confirm a bullish reversal.
Bearish Market Structure Still in Play:

Even if UNI moves higher, it remains in a downtrend unless it clears 13.590 USDT (EMA 100).
A rejection at 12.510 USDT could lead to another move downward.
EMA Resistance Overhead:

UNI is facing multiple moving average resistances (EMA 50, EMA 100, EMA 200).
If price struggles to break EMA 50 at 12.510 USDT, selling pressure may return.
4. Trading Strategy

✅ Long Scenario (If Bullish Breakout Occurs):

Entry: If price holds above 12.158 USDT (TP1 level).
Target 1: 12.510 USDT (EMA 50 Resistance)
Target 2: 13.302 - 13.590 USDT (EMA 100 & Fib 0.618)
Target 3: 14.680 - 15.037 USDT (EMA 200 & Fib 0.786)
Stop-Loss: Below 10.922 USDT (Demand Zone)

✅ Short Scenario (If Price Rejects at Resistance):

Entry: If UNI fails to break 12.510 USDT (EMA 50 Resistance)
Target 1: 11.707 - 11.098 USDT (Local Support Zone)
Target 2: 10.922 - 10.220 USDT (Demand Zone Retest)
Target 3: 9.066 USDT (Extended Downside)
Stop-Loss: Above 12.750 USDT to prevent being stopped out on a breakout.

5. Summary & Outlook
📌 UNI has bounced from a demand zone but still faces strong resistance at 12.510 USDT.
📌 A breakout above 12.510 USDT could signal a short-term bullish move towards EMA 100 (13.590 USDT).
📌 Failure to break resistance may lead to another drop towards 10.922 USDT or lower.

🔎 Recommendation:

Watch price action near 12.510 USDT—if it breaks with volume, it could be a long setup.
If rejection occurs, look for short opportunities back to 10.922 USDT.
Let me know if you need further adjustments! 🚀📊